Proportional payoffs in legislative bargaining with weighted voting: a characterization

This paper examines the relationship between voting weights and expected equilibrium payoffs in legislative bargaining and provides a necessary and sufficient condition for payoffs to be proportional to weights. This condition has a natural interpretation in terms of the supply and demand for coalit...

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Main Author: Montero, Maria
Format: Article
Published: NOW Publishers 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/44275/
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author Montero, Maria
author_facet Montero, Maria
author_sort Montero, Maria
building Nottingham Research Data Repository
collection Online Access
description This paper examines the relationship between voting weights and expected equilibrium payoffs in legislative bargaining and provides a necessary and sufficient condition for payoffs to be proportional to weights. This condition has a natural interpretation in terms of the supply and demand for coalition partners. An implication of this condition is that Snyder et al.'s (2005) result, that payoffs are proportional to weights in large replicated games, does not necessarily extend to the smaller games that arise in applications. Departures from proportionality may be substantial and may arise even in well-behaved (homogeneous) games.
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spelling nottingham-442752020-05-04T19:14:04Z https://eprints.nottingham.ac.uk/44275/ Proportional payoffs in legislative bargaining with weighted voting: a characterization Montero, Maria This paper examines the relationship between voting weights and expected equilibrium payoffs in legislative bargaining and provides a necessary and sufficient condition for payoffs to be proportional to weights. This condition has a natural interpretation in terms of the supply and demand for coalition partners. An implication of this condition is that Snyder et al.'s (2005) result, that payoffs are proportional to weights in large replicated games, does not necessarily extend to the smaller games that arise in applications. Departures from proportionality may be substantial and may arise even in well-behaved (homogeneous) games. NOW Publishers 2017-10-24 Article PeerReviewed Montero, Maria (2017) Proportional payoffs in legislative bargaining with weighted voting: a characterization. Quarterly Journal of Political Science, 12 (3). pp. 325-346. ISSN 1554-0634 legislative bargaining weighted voting proportional payoffs http://www.nowpublishers.com/article/Details/QJPS-16019 doi:10.1561/100.00016019 doi:10.1561/100.00016019
spellingShingle legislative bargaining
weighted voting
proportional payoffs
Montero, Maria
Proportional payoffs in legislative bargaining with weighted voting: a characterization
title Proportional payoffs in legislative bargaining with weighted voting: a characterization
title_full Proportional payoffs in legislative bargaining with weighted voting: a characterization
title_fullStr Proportional payoffs in legislative bargaining with weighted voting: a characterization
title_full_unstemmed Proportional payoffs in legislative bargaining with weighted voting: a characterization
title_short Proportional payoffs in legislative bargaining with weighted voting: a characterization
title_sort proportional payoffs in legislative bargaining with weighted voting: a characterization
topic legislative bargaining
weighted voting
proportional payoffs
url https://eprints.nottingham.ac.uk/44275/
https://eprints.nottingham.ac.uk/44275/
https://eprints.nottingham.ac.uk/44275/