Bargaining and Resource Allocation in Committees and Legislative Bodies: Theory and Experimental Evaluation
Mershon Center for International Security Studies
Allocation of scarce resources is a central activity of governments and a great number of international and national organizations, often creating conflict between different stakeholders in these organizations. Recent years have seen the development of game theoretic models designed to understand the bargaining process underlying these allocations, both in terms of their impact on economic efficiency and on the share of resources allocated to different stakeholders. Central to these models is the impact of institutional rules and relative bargaining power on the allocation of resources between competing factions. The present proposal is designed to fund experiments to investigate the predictions of these legislative bargaining models.
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game theory, bargaining, competing factions