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Frequent violations of fair principles in real-life settings raise the fundamental question of whether such principles can guarantee the existence of a self-enforcing equilibrium in a free economy. We show that elementary principles of distributive justice guarantee that a pure-strategy Nash...
Persistent link: https://www.econbiz.de/10012659137
We study the effect of strategic and partisan voting on electoral outcomes, and on the relative popularity of the victor. Voters are randomly assigned to be partisan or strategic. When all voters are strategic in a plurality election, any equilibrium manipulation of the outcome elects a popular...
Persistent link: https://www.econbiz.de/10012114975