Showing 1 - 10 of 34
Persistent link: https://www.econbiz.de/10005779406
In this paper we analyze a model of proportional representation that allows for both sincere and strategic voting. We prove that strategic voters vote only for the extreme parties in any equilibrium,if the electorate is large.
Persistent link: https://www.econbiz.de/10005779455
In this paper, we analyze the trade war between two large countries when the trade policy is decided through majority voting. We show how the trade war equilibrium depends on the median voter production factor relative endowment. We compare this equilibrium to the one analyzed by Johnson where...
Persistent link: https://www.econbiz.de/10005779456
In this note, we consider a negotiation model wherein a simultaneous voting game, which endogenizes the choice of the bargaining procedur, is introduced.
Persistent link: https://www.econbiz.de/10005779482
Persistent link: https://www.econbiz.de/10005779505
Persistent link: https://www.econbiz.de/10005779519
Persistent link: https://www.econbiz.de/10005779520
Persistent link: https://www.econbiz.de/10005779525
The citizen-debate approach, proposed to study the performance of representative democracies, builds on a multi-stage game where the same agents are asked whether or not to become a candidate and, successively, to vote. Consistently, the solution concept adopted in Besley and Coate (1997)...
Persistent link: https://www.econbiz.de/10005779531
In this note we show that, for generic plurality games (i.e., voting games under plurality rule), an equilibrium that induces a mixed distribution over the outcomes (i.e., with two or more candidates elected with positive probability), is regular and hence, a Mertens' stable set.
Persistent link: https://www.econbiz.de/10005633981