Proportional payoffs in legislative bargaining with weighted voting: a characterizationTools Montero, Maria (2017) Proportional payoffs in legislative bargaining with weighted voting: a characterization. Quarterly Journal of Political Science, 12 (3). pp. 325-346. ISSN 1554-0634 Full text not available from this repository.
Official URL: http://www.nowpublishers.com/article/Details/QJPS-16019
AbstractThis paper examines the relationship between voting weights and expected equilibrium payoffs in legislative bargaining and provides a necessary and sufficient condition for payoffs to be proportional to weights. This condition has a natural interpretation in terms of the supply and demand for coalition partners. An implication of this condition is that Snyder et al.'s (2005) result, that payoffs are proportional to weights in large replicated games, does not necessarily extend to the smaller games that arise in applications. Departures from proportionality may be substantial and may arise even in well-behaved (homogeneous) games.
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