This review of the theoretical literature on legislative and multilateral bargaining begins with presentation of the seminal Baron-Ferejohn model. The review then encompasses the …
In dynamic collective decision making, current decisions determine the future distribution of political power and influence future decisions. We develop a general framework to study this …
SG Medema - Journal of Economic Literature, 2020 - aeaweb.org
The Coase theorem is one of the most influential and controversial ideas to emerge from post–World War II economics. This article examines the theorem's origins, diffusion, and the …
We study the formation of a ruling coalition in non-democratic societies where institutions do not enable political commitments. Each individual is endowed with a level of political power …
Trade policy is often cast as a solution to the free-riding problem in international climate agreements. This paper examines the extent to which trade policy can deliver on this …
A Gomes, P Jehiel - Journal of Political Economy, 2005 - journals.uchicago.edu
An economy with a finite number of agents and a finite number of states is considered. An exogenous institutional rule prescribes which moves from one state to another are feasible …
A Gomes - Econometrica, 2005 - Wiley Online Library
This paper proposes a model for multilateral contracting, where contracts are written and renegotiated over time, and where contracts may impose externalities on other agents …
An organizational coalition consists of individuals who, despite their persistent differences, work together to pursue a mutually beneficial goal. While central to the political view of the …
V Anesi, DJ Seidmann - The Review of Economic Studies, 2015 - academic.oup.com
Committee voting has mostly been investigated from the perspective of the standard Baron– Ferejohn model of bargaining over the division of a pie, in which bargaining ends as soon …