This Paper analyses bargaining between the European Parliament (EP) and the Council of Ministers (CM) in the Conciliation Committee with the aim of evaluating both institutions' power in the European Union's codecision procedure. In contrast to other studies, which use power indices or simple spatial-voting models, both institutions are assumed to act strategically and differences in their internal decision mechanisms are taken into account. Although the CM and the EP have a seemingly symmetric position in the Conciliation Committee, the analysis highlights that the CM is strongly favoured in terms of its average influence on legislation. EU enlargement under the rules of the Treaty of Nice renders the EP almost irrelevant, while the constitutional proposal put forward by the European Convention can lead to a Pareto-improvement.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
4071.
Find related papers by JEL classification: C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
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