Bargaining In Committees Of Representatives: The Optimal Voting Rule
AbstractCommittees are often made up of representatives of different-sized groups of individuals, and make decisions by means of a voting rule which specifies what vote configurations can pass a decision. This raises the question of the choice of the optimal voting rule, given the different sizes of the groups that members represent. In this paper we take a new departure to address this problem, assuming that the committee is a bargaining scenario in which negotiations take place 'in the shadow of the voting rule' in search of unanimous consensus. That is, a general agreement is looked for, but any winning coalition can enforce an agreement.
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Bibliographic InfoPaper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 2005-24.
Length: 15 pages
Date of creation: Sep 2005
Date of revision:
Publication status: Published by Ivie
Voting rule; Bargaining; Nash solution.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-02-05 (All new papers)
- NEP-CDM-2006-02-05 (Collective Decision-Making)
- NEP-GTH-2006-02-05 (Game Theory)
- NEP-POL-2006-02-05 (Positive Political Economics)
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