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This paper analyzes a two-alternative voting model with the distinctive feature that voters have preferences over the … and without abstention. Finally, strategic voting (voting for the least preferred alternative) is common for a fraction of …
Persistent link: https://www.econbiz.de/10010547414
Recent studies of American politics evidence that political polarization of both the electorate and the political elite have moved "almost in tandem for the past half century" (McCarty et al., 2003, p.2), and that party polarization has steadily increased since the 1970s. On the other hand, the...
Persistent link: https://www.econbiz.de/10010547476
We present a lab-field experiment designed to assess systematically the external validity of social preferences elicited in a variety of experimental games. We do this by comparing behavior in the different games with a number of behaviors elicited in the field and with self-reported behaviors...
Persistent link: https://www.econbiz.de/10011115551
sequentially rationalizable. Finally, we show that some prominent voting mechanisms are also sequentially rationalizable. …
Persistent link: https://www.econbiz.de/10011253113
Equivalence classes of normal form games are defined using the discontinuities of correspondences of standard equilibrium concepts like correlated, Nash, and robust equilibrium, or risk dominance and rationalizability. Resulting equivalence classes are fully characterized and compared across...
Persistent link: https://www.econbiz.de/10010547401