Demand bargaining and proportional payoffs in legislatures
- Montero López-Lena, María
- Vidal Puga, Juan José
Revista:
Working paper series ( RGEA )
Ano de publicación: 2007
Número: 6
Tipo: Documento de traballo
Resumo
We study a legislative bargaining model in which the parties make payoff demands in decreasing order of voting weight. The unique subgame perfect equilibrium outcome is such that the minimal winning coalition of the parties that move first forms with payoffs proportional to the voting weights.