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Communication and Bargaining in the Spatial Model

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  • Meirowitz, Adam

    (Princeton U)

Abstract

This paper studies collective choice by participants possessing private information about the consequences of policy decisions in policymaking institutions that involve cheap-talk communication and bargaining. The main result establishes a connection between the extent to which problems of this type posses fully-revealing equilibria that select policies in the full information majority rule core (when it is well-defined) and the extent to which a fictitious sender-receiver game possesses a fully revealing equilibria. This result allows us to extend Banks and Duggan's (2000) core equivalence results to the case of noisy policymaking environments with private information when some combination of nonexclusivity and preference alignment conditions are satisfied.

Suggested Citation

  • Meirowitz, Adam, 2005. "Communication and Bargaining in the Spatial Model," Papers 09-20-2005, Princeton University, Research Program in Political Economy.
    • Handle: RePEc:ecl:prirpe:09-20-2005
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    File URL: http://www.princeton.edu/~ameirowi/published/ijgt2007.pdf
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    References listed on IDEAS

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    10. Meirowitz, Adam, 2005. "Deliberative Democracy or Market Democracy: Designing Institutions to Aggregate Preferences and Information," Papers 03-28-2005, Princeton University, Research Program in Political Economy.
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    Cited by:

    1. Sourav Bhattacharya, 2006. "Preference Monotonicity and Information Aggregation in Elections," Working Paper 325, Department of Economics, University of Pittsburgh, revised Dec 2008.

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