Konferenzbeitrag

Power illusion in coalitional bargaining: An experimental analysis

In real world bargaining the distribution of seats or voting weights often does not accurately reflect real power. Game-theory predictions are insensitive to nominal differences. We refer to the converse idea that nominal differences matter as power illusion. We experimentally study the Baron-Ferejohn model with variation in nominal power. We find strong evidence for the existence of power illusion. Thus, attention needs to be paid to nominal power in the design of weighted voting systems.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Experiments - Games II ; No. B18-V3

Classification
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Design of Experiments: Laboratory, Group Behavior

Event
Geistige Schöpfung
(who)
Maaser, Nicola
Traub, Stefan
Paetzel, Fabian
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel, Hamburg
(when)
2017

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Maaser, Nicola
  • Traub, Stefan
  • Paetzel, Fabian
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2017

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