Organizations often distribute resources through weighted voting. We analyze this setting using a noncooperative bargaining game based on the Baron-Ferejohn (1989) model. Unlike analyses derived from cooperative game theory, we find that each voter's expected payoff is proportional to her voting weight. An exception occurs when many high-weight voters exist, as low-weight voters may expect disproportionately high payoffs due to proposal power. The model also predicts that, ex post, the coalition formateur (the party chosen to form a coalition) will receive a disproportionately high payoff. Using data from coalition governments from 1946 to 2001, we find strong evidence of such formateur effects.
机构:
Univ Utah, David Eccles Sch Business, Div Quantit Anal Markets & Org, Salt Lake City, UT USAUniv Amsterdam, Amsterdam Sch Econ, Amsterdam, Netherlands
机构:
Michigan State Univ, Econ, E Lansing, MI 48824 USA
Univ Bristol, Econ, Bristol BS8 1TH, Avon, EnglandMichigan State Univ, Econ, E Lansing, MI 48824 USA
Eguia, Jon X.
Shepsle, Kenneth A.
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Harvard Univ, Govt, Cambridge, MA 02138 USAMichigan State Univ, Econ, E Lansing, MI 48824 USA