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Nominal bargaining power, selection protocol, and discounting in legislative bargaining
Authors:Guillaume Fréchette  Massimo Morelli
Institution:a New York University, 269 Mercer St. 7th Floor, New York, NY, 10003-6687, United States
b Ohio State University, 410 Arps Hall, Columbus, OH 43210, United States
Abstract:The comparative static predictions of the Baron and Ferejohn Baron, D.P., and Ferejohn, J.A., (1989). Bargaining in legislatures, American Political Science Review 83 (4), 1181-1206] model better organize behavior in legislative bargaining experiments than Gamson's Law. Regressions similar to those employed in field data produce results seemingly in support of Gamson's Law (even when using data generated by simulating agents who behave according to the Baron-Ferejohn model), but this is determined by the selection protocol which recognizes voting blocks in proportion to the number of votes controlled. Proposer power is not nearly as strong as predicted in the closed rule Baron and Ferejohn model, as coalition partners refuse to take the small shares given by the continuation value of the game. Discounting pushes behavior in the direction predicted by Baron and Ferejohn but has a much smaller effect than predicted.
Keywords:D72  C92  C7  C52
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