Advanced Search
MyIDEAS: Login

First Things First? The Agenda Formation Problem for Multi-issue Committees

Contents:

Author Info

  • Francesca Flamini

Abstract

It is often argued that multi-issue committees should discuss issues simultaneously to avoid ineciency. However, in practice, parties can be constrained to discuss issues sequentially and in this case, existing game-theoretical models give inconclusive results: either parties have dierent preferences over agendas or they are indierent. We show that when there is an important issue, parties have the same preferences over agendas, in particular they prefer to discuss the most important issue Þrst. Moreover, when an issue is dicult/urgent (in the sense that the rejection of a proposal on this issue implies a game breakdown with a positive probability) parties prefer to postpone the negotiations over the dicult/urgent issue. We highlight several incentives that players need to take into account in forming their preferences over agendas. Since theseareoften in conßict, the existence of a Pareto optimal agenda is of particular interest.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.gla.ac.uk/media/media_22283_en.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Business School - Economics, University of Glasgow in its series Working Papers with number 2001_19.

as in new window
Length:
Date of creation:
Date of revision:
Handle: RePEc:gla:glaewp:2001_19

Contact details of provider:
Postal: Adam Smith Building, Glasgow G12 8RT
Phone: 0141 330 4618
Fax: 0141 330 4940
Web page: http://www.gla.ac.uk/schools/business/research/
More information through EDIRC

Related research

Keywords:

Other versions of this item:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Abhinay Muthoo, . "Bargaining in a Long-Term Relationbship with Endogenous Termination," Economics Discussion Papers 422, University of Essex, Department of Economics.
  2. Ariel Rubinstein, 2010. "Perfect Equilibrium in a Bargaining Model," Levine's Working Paper Archive 252, David K. Levine.
  3. Inderst, Roman, 2000. "Multi-issue Bargaining with Endogenous Agenda," Games and Economic Behavior, Elsevier, vol. 30(1), pages 64-82, January.
  4. Younghwan In & Roberto Serrano, 2000. "Agenda Restrictions in Multi-Issue Bargaining," Working Papers 2000-08, Brown University, Department of Economics.
  5. Lang, Kevin & Rosenthal, Robert W, 2001. "Bargaining Piecemeal or All at Once?," Economic Journal, Royal Economic Society, vol. 111(473), pages 526-40, July.
  6. Weinberger, Catherine J., 2000. "Selective Acceptance and Inefficiency in a Two-Issue Complete Information Bargaining Game," Games and Economic Behavior, Elsevier, vol. 31(2), pages 262-293, May.
  7. Muthoo,Abhinay, 1999. "Bargaining Theory with Applications," Cambridge Books, Cambridge University Press, number 9780521576475.
  8. Lutz-Alexander Busch & Ignatius Horstmann, 1999. "Endogenous Incomplete Contracts: A Bargaining Approach," Canadian Journal of Economics, Canadian Economics Association, vol. 32(4), pages 956-975, August.
  9. Ray, Debraj & Vohra, Rajiv, 1997. "Equilibrium Binding Agreements," Journal of Economic Theory, Elsevier, vol. 73(1), pages 30-78, March.
  10. Francesca Flamini, . "A Note on Agenda Restrictions in Multi-Issue Bargaining," Working Papers 2003_15, Business School - Economics, University of Glasgow.
  11. Younghwan In & Roberto Serrano, 2002. "Agenda Restrictions in Multi-Issue Bargaining (II): Unrestricted Agendas," Departmental Working Papers wp0206, National University of Singapore, Department of Economics.
  12. Flamini, F., 2000. "Agenda Formation in Issue-by-Issue Bargaining Games," Discussion Papers 0001, Exeter University, Department of Economics.
  13. Chaim Fershtman, 1986. "The Importance of the Agenda in Bargaining," Discussion Papers 689, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  14. Busch, Lutz-Alexander & Horstmann, Ignatius J, 1997. "Bargaining Frictions, Bargaining Procedures and Implied Costs in Multiple-Issue Bargaining," Economica, London School of Economics and Political Science, vol. 64(256), pages 669-80, November.
  15. Martin J. Osborne & Ariel Rubinstein, 2005. "Bargaining and Markets," Levine's Bibliography 666156000000000515, UCLA Department of Economics.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Francesca Flamini, . "Strategic Effects and Incentives in Multi-issue Bargaining Games," Working Papers 2005_5, Business School - Economics, University of Glasgow.
  2. Julián Arévalo, 2004. "Negociación Nash Gradual con Agenda Endógena: Un Modelo Trayectoria-Dependiente," Game Theory and Information 0407001, EconWPA.
  3. Francesca Flamini, 2007. "Long-run Negotiations withDynamic Accumulation," Working Papers 2007_23, Business School - Economics, University of Glasgow.
  4. Francesca Flamini, . "A Note on Agenda Restrictions in Multi-Issue Bargaining," Working Papers 2003_15, Business School - Economics, University of Glasgow.
  5. Jun Xiao, 2012. "Bargaining Order in a Multi-Person Bargaining Game," Department of Economics - Working Papers Series 1150, The University of Melbourne.
  6. D r. (elect.) Julia Korosteleva, . "Maximising Seigniorage and Inflation Tax: The Case of Belarus," Working Papers 2006_5, Business School - Economics, University of Glasgow.
  7. Julian J. Arevalo, 2005. "Gradual Nash Bargaining with Endogenous Agenda: A Path-Dependent Model," Game Theory and Information 0502004, EconWPA.
  8. Lajtos, Ildikó, 2010. "Verhandlungsverhalten und Anspruchsanpassung im internationalen Verhandlungsprozess: Die WTO-Agrarverhandlungen zum Abbau exportwettbewerbsfördernder Maßnahmen," Studies on the Agricultural and Food Sector in Central and Eastern Europe, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO), volume 55, number 94723, February.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:gla:glaewp:2001_19

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jeanette Findlay).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.