We develop a general theory for the emergence of minority governments in multiparty parliamentary systems using a bargaining model in the tradition of Baron and Ferejohn, 1989. We show that generically (i.e. except for a set of Lebesgue measure zero in the space of the model’s parameters) minority governments form with strictly positive probability when office utility from cabinet positions is small relative to political disagreement. The result holds for policy spaces of arbitrary finite dimension and a general class of preferences over the government agreements space.
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Paper provided by University of Rochester - Wallis Institute of Political Economy in its series Wallis Working Papers with number
WP39.
Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
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