Noncooperative foundations of stable sets in voting games
This short note studies the noncooperative foundations of von Neumann-Morgenstern stable sets in voting games. To do so, we study stationary Markov equilibria (SMEs) of a noncooperative legislative bargaining game, based on underlying simple games. The following result emerges from such an exercise: Every stable set of the underlying simple game is the limit set of pure strategy, stage-undominated SMEs of the bargaining game when voters are sufficiently farsighted.
Year of publication: |
2010
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Authors: | Anesi, Vincent |
Published in: |
Games and Economic Behavior. - Elsevier, ISSN 0899-8256. - Vol. 70.2010, 2, p. 488-493
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Publisher: |
Elsevier |
Keywords: | Legislative bargaining Committee Stationary Markov equilibrium Stable set |
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