exam 2 vocab Flashcards
bargaining
a class of interaction in which actors attempt to resolve disagreements over the allocation of a good
ultimatum
when one party makes a proposal but there are no counterproposals and if the proposal is rejected, the reversion point is the outcome
alternating offers
one party makes a proposal and the other can either accept or reject, they can make a counterproposal and this process continues until an agreement is reached
resolve
when power comes from the actors (eg. guerilla actors’ superiority is not in his ability to harm, but his greater willingness to be harmed)
payoff
the values associated with a particular outcome of the bargaining
commitment problem
when one actor has an incentive to do one thing now, but will want to do a
different thing later
third party enforcement (guarantor)
both sides believe that they will enforce the deal and it is in their self interest to enforce the deal and are resolved to enforce the deal
protocol
reversion point
the point at which not accepting a proposal is better than accepting it (eg. going hungry rather than eating what is for dinner)
logrolling
the exchange of specific favours or benefits to pass legislation (eg. Manchin and Sinema being offered specific benefits to reach 50 senate votes to pass a spending bill)
parliamentary system
legislature has power over executive
presidential system
the executive has power over the legislature
minimum winning coalition
smallest number of parties that are necessary to form a government (less parties in coalition, less seats that need to be given up by the majority)
surplus majority coalition
more parties than are strictly necessary control a majority of legislative seats
indivisible good
cannot be divided without reducing its value
