It is demonstrated that a preference profile will generate a transitive majority rule relation if and only if it is not balanced, a single-profile counterpart to a violation of value restriction.

This paper (a) characterizes the unique Nash equilibrium of the unidirectional Hotelling–Downs game in which firms maximize their market shares, for any distribution of the consumers, and (b) analyzes equilibrium behavior in the variation of the game in which each firm aims to secure a larger...

This paper studies unidimensional electoral competition between two office-motivated candidates, where one of them enjoys a probabilistic and non-policy advantage over the other. We consider a finite number of voters who have single peaked preferences and whose ideal policies are not known to...