Leadership ability and agenda choice

Ilwoo Hwang, Stefan Krasa

Research output: Contribution to journalArticlepeer-review

Abstract

Should a political leader first focus on smaller policy goals or start with the most ambitious policy agenda? We model a political leader who chooses the policy agenda and proposes policies to a responder. The leader has a high or low ability to persuade the responder to agree to a proposal, and both parties are symmetrically uninformed about this ability. If the belief about the leader's ability is low, then it is optimal to start with the ambitious policy, but the reverse is true if the belief is high. Addressing both policies together is dominated by a sequential approach.

Original languageEnglish (US)
Pages (from-to)179-192
Number of pages14
JournalGames and Economic Behavior
Volume142
DOIs
StatePublished - Nov 2023

Keywords

  • Agenda choice
  • Bargaining
  • Leadership
  • Learning

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

Fingerprint

Dive into the research topics of 'Leadership ability and agenda choice'. Together they form a unique fingerprint.

Cite this