IAE-CSIC

In this paper we propose a formal model of bargaining for govern-ment formation in a parliamentary democracy that permits the analysis of the effects of a large class of bargaining strategies on the possibility of reaching agreements and on the policy compromise of the members of the government coalition that forms. We also propose a complementary algorithm that, applied to the proposed model, would allow to implement the simulations of the interplay of different sets of strategies. The imple-mentation of the combination described above should shed some light on the performance of the different strategies according to the benefit they produce for the parties. ∗Thanks are due to Itzhak Gilboa, Xavier Vilà and the participants of the Workshop on the Political Economy of Democracy for their very helpful comments. Aragonès acknowledge