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Bargaining Power in the European Union

An Evaluation of Competing Game-Theoretic Models

Bibliographic Data

ID7972829
AuthorsGerald Schneider (0000-0002-0091-6217, University of Konstanz), Daniel Finke (0000-0002-9028-8188, Heidelberg University), Stefanie Bailer (0000-0002-8646-6076, University of Zurich)
Year2010
Volume58
Issue1
Pages85-103
Publication date2010-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolitical Studies (JOURNAL)
Journal identifiersISSN: 0032-3217 • E-ISSN: 1467-9248
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1111/j.1467-9248.2009.00774.x
OpenAlexW2010243932
LanguageEN
Citations received59
References cited64

This article evaluates, by drawing on Barry's distinction between ‘power’ and ‘luck’, the predictive accuracy of competing bargaining models. We explore whether models that take various facets of political power into account predict legislative outcomes more precisely than purely preference-based models like the Nash Bargaining Solution (NBS). Our empirical examination compares how well different formal models predict the outcome of 66 legislative decisions made within the European Union (EU). A model that considers the saliency actors attach to a contested issue performs best among all the models under examination. Although resource-based models provide less accurate forecasts on average, they offer relatively precise point predictions. The analysis also shows that domestic constraints are not a particularly important bargaining resource in legislative decision making

Bargaining power · Bargaining problem · Econometrics · Economics · European union · International trade · Legislature · Luck · Microeconomics · Outcome (game theory · Political science · Politics · Power (physics · Predictive power · Preference · Economic Policies and Impacts · Electoral Systems and Political Participation · Game Theory and Voting Systems · Law

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Unique citing works59
Citations per year2,95
Citation span2006 - 2026 (21)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 58

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