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A comment on Baron and Ferejohn (1989): The Open Rule Equilibrium and Coalition Formation

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  • David Primo

Abstract

I present a more general characterization of the symmetric stationary subgame perfect equilibrium to the Baron and Ferejohn (1989) open rule divide-the-dollar game. Specifically, I show that an amender can follow several different randomization strategies when deciding whom to make offers to, and each can be sustained as a distinct equilibrium with slightly different payoffs. The result demonstrates that, when building coalitions in bargaining settings where an offer is already on the table, those with the worst offers need not be the ones “bought up” first. Copyright Springer Science + Business Media B.V. 2007

Suggested Citation

  • David Primo, 2007. "A comment on Baron and Ferejohn (1989): The Open Rule Equilibrium and Coalition Formation," Public Choice, Springer, vol. 130(1), pages 129-135, January.
    • Handle: RePEc:kap:pubcho:v:130:y:2007:i:1:p:129-135
    DOI: 10.1007/s11127-006-9076-2
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    References listed on IDEAS

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    1. Baron, David P. & Ferejohn, John A., 1989. "Bargaining in Legislatures," American Political Science Review, Cambridge University Press, vol. 83(4), pages 1181-1206, December.
    2. James M. Snyder Jr. & Michael M. Ting & Stephen Ansolabehere, 2005. "Legislative Bargaining under Weighted Voting," American Economic Review, American Economic Association, vol. 95(4), pages 981-1004, September.
    3. Eraslan, Hulya, 2002. "Uniqueness of Stationary Equilibrium Payoffs in the Baron-Ferejohn Model," Journal of Economic Theory, Elsevier, vol. 103(1), pages 11-30, March.
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    Cited by:

    1. Gersbach, Hans & Britz, Volker, 2018. "Open Rule Legislative Bargaining," CEPR Discussion Papers 12966, C.E.P.R. Discussion Papers.
    2. Gersbach, Hans & Fahrenberger, Theresa, 2007. "Legislative Process with Open Rules," CEPR Discussion Papers 6240, C.E.P.R. Discussion Papers.
    3. Levent Celik & Bilgehan Karabay, 2016. "Veto players and equilibrium uniqueness in the Baron–Ferejohn model," Theory and Decision, Springer, vol. 81(1), pages 33-52, June.

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