Showing 1 - 10 of 17
In this paper we prove that for generic (non cooperative) 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 isolated. From that we deduce also that the set of equilibrium...
Persistent link: https://www.econbiz.de/10005669273
We model the decision problems faced by the members of societies whose new members are determined by vote. We adopt a number of simplifying assumptions. In spite of these simplifications, we show that interesting strategic behavior is implied by the dynamic structure of the problem: the vote for...
Persistent link: https://www.econbiz.de/10005669286
Within this framework of pure redistriubtion (dividing one unit of a homogeneous good among identical individuals), the paper analyses the redistributions that arise from Downsian two-party electoral competition. It appears that the strategic behavior of vote-maximizing parties lead them to...
Persistent link: https://www.econbiz.de/10005669304
This paper studies the impact of considering the incentives of candidates to strategically affect the outcome of a voting procedure. First we show that every non-dictatorial voting procedure that satisfies unanimity, is open to strategic entry or exit by candidates: there necessarily exists some...
Persistent link: https://www.econbiz.de/10005669337
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
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
Using the spatial theory of voting, this paper describes an institutional structure where there are two branches of the government: the executive, elected by plurality rule, and the legislative elected by proportional rule. The resulting policy outcome is described through a compromise between...
Persistent link: https://www.econbiz.de/10005634077