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Bargaining between different groups, which differ in objectives, preferences and interests, is at the core of political decision-making. Yet, it is logical to presume that negotiations involving more parties will lead to inertia and a slow pace in the legislative process. According to this...
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Reform delays emerge frequently in politics but can be solved using compensation payments. A higher degree of fragmentation among the addressees may- according to the theory- reduce these costs. The number of groups and the inherent uncertainty normally influence agents' behaviour. When this...
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