Legislative bargaining with heterogeneous disagreement values: theory and experiments

We study a legislative bargaining game in which failure to agree in a given round may result in a breakdown of negotiations. In that case, each player receives an exogenous `disagreement value'. We characterize the set of stationary subgame perfect equilibria under all q-majority rules. Under u...

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Bibliographic Details
Main Authors: Miller, Luis, Montero, Maria, Vanberg, Christoph
Format: Article
Published: Elsevier 2018
Subjects:
Online Access:https://eprints.nottingham.ac.uk/48836/