Dynamic Legislative Bargaining
ISER DP No. 1090
26 Pages Posted: 16 Jul 2020
Date Written: June 10, 2020
This article surveys the theoretical literature on legislative bargaining with endogenous status-quo. These are the legislative bargaining situations in which in each period a new policy is decided and the policy implemented in the event of no agreement is endogenously determined by the outcome of bargaining in the previous period. After describing a general framework, we discus bargaining over redistributive policies, bargaining over spatial policies, existence issues, eﬃciency issues and open questions.
Keywords: legislative bargaining, multilateral bargaining, spatial bargaining, redistributive bargaining, endogenous status-quo, dynamic political economy
JEL Classification: A3, C7, D7
Suggested Citation: Suggested Citation