Does exchange, i.e., vote trading, occur in legislatures? If so, is it
quantitatively important or optimal? How important are political part
ies for the organization of logrolling coalitions? To address these qu
estions, this paper investigates a broad range of votes where logrolli
ng has been reported among interests favoring subsidies for urban, lab
or and farm interests. The findings suggest that logrolling agreements
are widespread, that many Democratic congressmen changed votes becaus
e of logrolling agreements, and that the Democratic party served to fa
cilitate logrolling between its members. Furthermore, logrolling coali
tions exhibited a strong degree of stability.