Almost orthogonal outcomes under probabilistic voting: A cautionary example

I illustrate by example a way in which equilibria under probabilistic voting are fragile with respect to assumptions about the non-policy components of voter preferences. I also offer intuition for the fragility using the social welfare functions which also describe the equilibria.

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Year of publication:	2014-02-11
Authors:	Dolmas, Jim

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Dolmas, Jim (2014): Almost orthogonal outcomes under probabilistic voting: A cautionary example.
Classification:	D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; D78 - Positive Analysis of Policy-Making and Implementation
Source:	BASE

Persistent link: https://www.econbiz.de/10015241056