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While our experimental results do not show convincingly the superiority of our model over alternative hypotheses, these results do not reject the rational expectations approach to handling incomplete information in elections. This is not to say, of course, that our model provides the most...
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This essay reports the results of ninety 3-person and 5-person bargaining experiments using several alternative vote trading scenarios. These experiments are designed to test: (1) Riker and Brams' controversial hypothesis that vote trading can yield inferior outcomes as against the alternative...
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With the model of the electoral process described in Section 1, and a social welfare function defined by symmetrically weighting and summing individual utility functions, two factors, in addition to the density of preferences and the form of the weighting function, affect the performance of the...
Persistent link: https://www.econbiz.de/10010988060
Over a variety of experimental designs, including vote trading games and committee games with both spatial and finite alternatives, the Competitive Solution has received considerable support. But the experiments that we report here do not replicate that support. Hence, while we maintain our...
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This essay reports on a series of twenty-four election experiments in which voters are allowed to decide between voting retrospectively and purchasing contemporaneous information about the candidate challenging the incumbent. Each experiment consists of a series of election periods in which...
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