Delegation in Veto Bargaining

S-Tier
Journal: American Economic Review
Year: 2021
Volume: 111
Issue: 12
Pages: 4046-87

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A proposer requires a veto player's approval to change a status quo. Proposer is uncertain about Vetoer's preferences. We show that Vetoer is typically given a non-singleton menu, or delegation set, of options to pick from. The optimal set balances the extent of compromise with the risk of a veto. We identify conditions for certain delegation sets to emerge, including "full delegation": Vetoer can choose any action between the status quo and Proposer's ideal action. By contrast to expertise-based delegation, Proposer gives less discretion to Vetoer when their preferences are more (likely to be) aligned.

Technical Details

RePEc Handle
repec:aea:aecrev:v:111:y:2021:i:12:p:4046-87
Journal Field
General
Author Count
3
Added to Database
2026-01-25