Bargaining and Voting
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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- Dan Usher, 2009.
1208, Queen's University, Department of Economics.
- Tim Besley & Stephen Coate, .
""An Economic Model of Representative Democracy'',"
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95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
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- Dan Usher, 1990. "The Significance of the Probabilistic Voting Theorem," Working Papers 785, Queen's University, Department of Economics.
- 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.
- Martin J. Osborne & Al Slivinksi, 1995. "A Model of Political Competition with Citizen-Candidates," Department of Economics Working Papers 1995-01, McMaster University.
- Dan Usher, 2005. "Assessing the citizen – candidate model," Public Choice, Springer, vol. 125(1), pages 43-65, July.
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