Agenda Networks and Farsightedly Stable Agenda Formation

Abstract

We model the agenda formation process as a network. In an agenda network nodes represent agendas while arcs represent coalition preferences over agendas and coalitional moves from one agenda to another. We show that all agenda networks have agenda nodes which are farsightedly consistent. These nodes represent agendas which are likely to emerge and persist if agents behave farsightedly in forming agendas. We demonstrate the usefulness of our approach by computing the farsightedly consistent agendas for three examples of agenda networks.

Keywords: Agenda Formation, Directed Networks, Farsighted Stability

JEL Classification: D7