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In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power. Maaser, Paetzel and Traub (Games and Economic Behavior, 2019) conducted an experiment to investigate the effect of such nominal power differences in the classic Baron-Ferejohn...
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In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power. Maaser, Paetzel and Traub [Games and Economic Behavior, 2019] conducted an experiment to investigate the effect of such nominal power differences in the classic Baron-Ferejohn...
Persistent link: https://www.econbiz.de/10013306471
Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...
Persistent link: https://www.econbiz.de/10013521312
The paper studies the design of popular initiatives in unions of states. We analyze the effect of state-specific threshold requirements on the incentives of a rational campaign organizer who decides which constituencies to target. If the heterogeneity of preferences in a population increases...
Persistent link: https://www.econbiz.de/10010665696