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Dynamic Legislative Bargaining

Hülya Eraslan, Kirill Evdokimov () and Jan Zapal ()

ISER Discussion Paper from Institute of Social and Economic Research, Osaka University

Abstract: This article surveys the theoretical literature on legislative bargaining with endogenous status-quo. These are the legislative bargaining situations in which in each period a new policy is decided and the policy implemented in the event of no agreement is endogenously determined by the outcome of bargaining in the previous period. After describing a general framework, we discus bargaining over redistributive policies, bargaining over spatial policies, existence issues, efficiency issues and open questions.

Date: 2020-06
New Economics Papers: this item is included in nep-mic
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