Demand Bargaining and Proportional Payoffs in Legislatures

Maria Montero and Juan Vidal-Puga

No 2006-11, Discussion Papers from The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham

Abstract: We study a majoritarian bargaining model in which the parties make payoff demands in decreasing order of voting weight. If the game is constant-sum and homogeneous, the unique subgame perfect equilibrium is such that the minimal winning coalition of the players who move first forms and payoffs are proportional to the voting weights.

Date: 2006-11
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Persistent link: https://EconPapers.repec.org/RePEc:not:notcdx:2006-11

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