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Bargaining and Voting

  • Dan Usher

    ()

    (Queen's Unversity)

Government by majority rule voting requires that compromise be attainable, but not too easily. Little of the nation's business could be transacted without an ability on the part of the legislators and political parties to strike bargains, but government by majority rule voting could not withstand a bargaining equilibrium comparable to the general equilibrium in a competitive economy. Democratic government is designed to foster bargaining where it should be fostered and to impede bargaining where it should be impeded.

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File URL: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1245.pdf
File Function: First version 2010
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Paper provided by Queen's University, Department of Economics in its series Working Papers with number 1245.

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Length: 23 pages
Date of creation: Sep 2010
Date of revision:
Handle: RePEc:qed:wpaper:1245
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  1. Dan Usher, 2009. "Bargaining Unexplained," Working Papers 1208, Queen's University, Department of Economics.
  2. Tim Besley & Stephen Coate, . ""An Economic Model of Representative Democracy''," CARESS Working Papres 95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
  3. Dan Usher, 1994. "The Significance of the Probabilistic Voting Theorem," Canadian Journal of Economics, Canadian Economics Association, vol. 27(2), pages 433-45, May.
  4. Osborne, Martin J & Slivinski, Al, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, MIT Press, vol. 111(1), pages 65-96, February.
  5. Dan Usher, 2005. "Assessing the citizen – candidate model," Public Choice, Springer, vol. 125(1), pages 43-65, July.
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