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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/59156


    Title: On Majoritarian Bargaining with Incomplete Information
    Authors: Tsai,Tsung-Sheng;Yang,C. C.
    Contributors: 政大財政系
    Date: 2010-11
    Issue Date: 2013-08-26 16:11:01 (UTC+8)
    Abstract: This article studies a finite horizon version of Baron and Ferejohn`s (American Political Science Review 83 (1989), 1181–206) majoritarian bargaining with incomplete information. Of many findings, we show that (i) allowing for delay can be optimal for a proposer; (ii) the revelation of a type depends on two conflicting concerns, the “offer” concern à la Spence`s signaling (the higher the type the better) and the “coalition inclusion” concern in a majority consent (the lower the type the better); and (iii) players take actions to distinguish themselves via delay, but separating equilibria often fail to exist due to incapability or unprofitability of exercising delay.
    Relation: International Economic Review, 51(4), 959-979
    Data Type: article
    DOI link: http://dx.doi.org/10.1111/j.1468-2354.2010.00607.x
    DOI: 10.1111/j.1468-2354.2010.00607.x
    Appears in Collections:[Department of Public Finance] Periodical Articles

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