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The formateurs' role in government formation

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 acces...

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Bibliographic Details
Published in:Economic theory 2007-06, Vol.31 (3), p.427-445
Main Authors: Seidmann, Daniel J., Winter, Eyal, Pavlov, Elan
Format: Article
Language:English
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Summary: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.
ISSN:0938-2259
1432-0479
DOI:10.1007/s00199-006-0102-x