Bargaining in Committees

Authors: 
Eyal Winter
Abstract: 

We propose a non-cooperative treatment to the problem of collective decision making within committees, by modelling this process as a sequential bargaining game. We show that stationary subgame perfect equilibria of this bargaining game fully implements the core of the corresponding committee problem. We also discuss the inefficiency of non-stationary (subgame perfect) equilibria, and shortly refer to the problem of manipulability. Based on these results we then consider multi-issue committees, and address the problem of constructing agendas. In particular we will argue in favor of agendas where the important issues are discussed first.

Date: 
December, 1992
Published in: 
Published as "Negotiations in Multi-issue Committees", Journal of Public Economics 65 (1997), 323-342
Number: 
22