A bargaining model of endogenous procedures

Daniel Diermeier (), Carlo Prato () and Razvan Vlaicu
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Daniel Diermeier: University of Chicago

Social Choice and Welfare, 2016, vol. 47, issue 4, No 10, 985-1012

Abstract: Abstract This paper endogenizes policymaking procedures in a multilateral bargaining framework. A procedure specifies players’ proposal power in bargaining over one-dimensional policies. In procedural bargaining players internalize the procedures’ effects on subsequent policy bargaining. In policy bargaining players’ utilities are continuous, strictly concave, and order-restricted. The paper provides equilibrium characterization, existence, and uniqueness results for this two-tier bargaining model. Although the procedural choice set is multidimensional, sequentially rational procedures feature “limited power sharing” and admit a total order. In equilibrium, endogenous procedures and policies are strategic complements.

Date: 2016
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DOI: 10.1007/s00355-016-1002-z

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