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Bargaining in Weighted Majority Voting Games

With an Application to Portfolio Distribution

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The Logic of Multiparty Systems

Part of the book series: International Studies in Economics and Econometrics ((ISEE,volume 17))

Abstract

An important consideration in analyzing the stability of multiparty coalition governments is the modelling of the bargaining process between parties. This chapter considers a bargaining theory, known as the bargaining set, which gives payoff predictions for coalitions in the transferable value case. A proof of the existence of a bargaining set, called B* is presented. As an illustration it is shown that in Denmark after the 1957 election, B* provides a superior prediction that the Gamsom proportionality prediction.

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© 1987 Martinus Nijhoff Publishers, Dordrecht, The Netherlands

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Schofield, N. (1987). Bargaining in Weighted Majority Voting Games. In: Holler, M.J. (eds) The Logic of Multiparty Systems. International Studies in Economics and Econometrics, vol 17. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-3607-2_2

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  • DOI: https://doi.org/10.1007/978-94-009-3607-2_2

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-8114-6

  • Online ISBN: 978-94-009-3607-2

  • eBook Packages: Springer Book Archive

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