The formateurs' role in government formation

Seidmann, D.J. and Winter, E. and Pavlov, E. (2007) The formateurs' role in government formation. Economic Theory, 31 (3). pp. 427-445. ISSN 0938-2259

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Following an election, Heads of State typically choose a formateur to report back a prospective government by some deadline. If this formateur fails then another party leader is chosen on the same terms. We model this mechanism as a bargaining game, in which a single party leader has exclusive access to the Head of State, but does not have a monopoly on making proposals. We characterize the unique equilibrium of the game in which all parties are symmetric and parties split a fixed-size pie. We also show that supra-minimal governments may form when parties are asymmetrically sized: a result consistent with the evidence on government formation in countries which use a formateur mechanism. © Springer-Verlag 2007.

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Journal Article
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Economic Theory
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14 Aug 2018 13:48
Last Modified:
01 Jan 2022 13:30