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Baron Ferejohn (1989) - Bargaining In Legislatures (view source)
Revision as of 18:01, 16 September 2011
, 18:01, 16 September 2011→Equilibrium Restriction: Stationary Equilibrium
However, this is unsatisfactory as it requires a complete history at all points (which is unrealistic if <math>\delta\,</math> is a reelection probability and new members can't know the history), and if a member were indifferent between enforcing and not, it is only weakly credible.
====Equilibrium RestrictionWith equilibrium restriction: Stationary Equilibrium ====
To restrict the equilibrium space the paper considers '''Stationary Equilibrium'''.
