“Politics is the art of the possible.” This phrase is often invoked by political spokespersons while rationalising the latest coalition their party has cobbled together. In the recent parliamentary election, three main coalitions, National Democratic Alliance (NDA), United Progressive Alliance (UPA) and Mahagathbandhan (grand alliance), are trying their luck. Even with a few parties, the number of coalitions which can be formed is large. Roughly speaking, Aumann’s idea is that political parties enter the bargaining for coalition with certain specific goals in mind. Finally, political parties tend to think about the future as well.

Source: Hindustan Times May 08, 2019 14:37 UTC