Logrolling and strategic preferences for high-transaction-cost legislative dynamics A quid pro quo level-k approach

This paper introduces a proposal to consolidate concepts from different branches of economics, such as logrolling and the theory of levels of k-reasoning, to argue how legislators' preferences might vary in a mutually beneficial exchange of votes. It explores the possible forms that utility fun...

• Main Author: Torres, Carlos (author)
• Format: article
• Language: spa
• Published: 2025
• Subjects: Logrolling; Vote-trading; Legislator; Coalition; K-levels; Reasoning; Transaction Cost; Intercambio de votos; Legislador; Coalición; Niveles-k; Razonamiento; Costo de transacción
• Online Access: https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/493