Article ID Journal Published Year Pages File Type
5071576 Games and Economic Behavior 2015 11 Pages PDF
Abstract
We study legislative bargaining with two person teams versus individuals. Teams come closer to the predictions of the stationary subgame perfect equilibrium, passing minimum winning coalitions (MWCs) more often and having significantly more proposer power. The increase in proposer power results from increased numbers of MWCs, along with increased proposer power within an MWC. We investigate the driving forces behind teams coming closer to the theoretical predictions. The results favor their greater insightfulness as opposed to being more aggressive or more selfish.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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