Bouton, Laurent; Gratton, Gabriele - In: Theoretical economics : TE ; an open access journal in … 10 (2015) 2, pp. 283-314
The majority runoff system is widely used around the world. Yet, our understanding of its properties and of voters’ behavior is limited. In this paper, we fully characterize the set of strictly perfect voting equilibria in large three-candidate majority runoff elections. Considering all...