EconPapers    
Economics at your fingertips  
 

Legislative Process with Open Rules

Hans Gersbach and Theresa Fahrenberger

No 6240, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We examine the legislative game with open rules proposed by Baron and Ferejohn (1989). We first show that the three-group equilibrium suggested by Baron and Ferejohn does not always obtain. Second, we characterize the set of stationary equilibria for simple and super majority rules. Such equilibria are either of the three-group or four-group type. The latter type tends to occur when the size of the legislature becomes larger. Moreover, four-group equilibria imply large delay costs.

Keywords: Bargaining in legislatures; Baron/ferejohn model; Open rules; Three-group and four-group equilibria (search for similar items in EconPapers)
JEL-codes: D7 (search for similar items in EconPapers)
Date: 2007-04
New Economics Papers: this item is included in nep-cdm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://cepr.org/publications/DP6240 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: Legislative Process with Open Rules (2007) Downloads
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:cpr:ceprdp:6240

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP6240

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2024-03-31
Handle: RePEc:cpr:ceprdp:6240