BARGAINING IN COMMITTEES OF REPRESENTATIVES: THE OPTIMAL VOTING RULE

Federico Valenciano () and Annick Laruelle ()

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: Committees are often made up of representatives of different-sized groups of individuals, and make decisions by means of a voting rule which specifies what vote configurations can pass a decision. This raises the question of the choice of the optimal voting rule, given the different sizes of the groups that members represent. In this paper we take a new departure to address this problem, assuming that the committee is a bargaining scenario in which negotiations take place 'in the shadow of the voting rule' in search of unanimous consensus. That is, a general agreement is looked for, but any winning coalition can enforce an agreement.

Keywords: Voting rule; Bargaining; Nash solution. (search for similar items in EconPapers)
Pages: 15 pages
Date: 2005-09
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-pol
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:2005-24

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