A comment on Baron and Ferejohn (1989): The Open Rule Equilibrium and Coalition Formation

David Primo ()

Public Choice, 2007, vol. 130, issue 1, 129-135

Abstract: I present a more general characterization of the symmetric stationary subgame perfect equilibrium to the Baron and Ferejohn (1989) open rule divide-the-dollar game. Specifically, I show that an amender can follow several different randomization strategies when deciding whom to make offers to, and each can be sustained as a distinct equilibrium with slightly different payoffs. The result demonstrates that, when building coalitions in bargaining settings where an offer is already on the table, those with the worst offers need not be the ones “bought up” first. Copyright Springer Science + Business Media B.V. 2007

Keywords: Legislative bargaining; Coalition formation (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11127-006-9076-2 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:130:y:2007:i:1:p:129-135

Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11127/PS2

DOI: 10.1007/s11127-006-9076-2

Access Statistics for this article

Public Choice is currently edited by WIlliam F. Shughart II

More articles in Public Choice from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().