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A Theory of Political Compromise

Author

Listed:
  • Dixit, A.
  • Grossmann, G.M.
  • Gul, F.

Abstract

We study a political compromise founded on tacit cooperation. Two political parties must share a fixed pie in each of an infinite sequence of periode. In each pary the power has ultimate authority to devide the pie.

Suggested Citation

  • Dixit, A. & Grossmann, G.M. & Gul, F., 1998. "A Theory of Political Compromise," Papers 191, Princeton, Woodrow Wilson School - Public and International Affairs.
    • Handle: RePEc:fth:priwpu:191
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    Cited by:

    1. Lagunoff, Roger, 2006. "Credible communication in dynastic government," Journal of Public Economics, Elsevier, vol. 90(1-2), pages 59-86, January.
    2. Casella, Alessandra, 2005. "Storable votes," Games and Economic Behavior, Elsevier, vol. 51(2), pages 391-419, May.
    3. Dani Rodrik, 2000. "Participatory Politics, Social Cooperation, and Economic Stability," American Economic Review, American Economic Association, vol. 90(2), pages 140-144, May.
    4. Humberto Llavador, 2006. "Electoral Platforms, Implemented Policies, and Abstention," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(1), pages 55-81, August.

    More about this item

    Keywords

    POLICY MAKING ; RISK ; GAME THEORY;
    All these keywords.

    JEL classification:

    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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