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We introduce a model with strategic voting in a parliamentary election with proportional representation and uncertainty about voters’ preferences. In any equilibrium of the model, most voters only vote for those parties whose positions are extreme. In the resulting parliament, a consensus...
Persistent link: https://www.econbiz.de/10011103552
We prove two results on the generic determinacy of Nash equilibrium in voting games. The first one is for negative plurality games. The second one is for approval games under the condition that the number of candidates is equal to three. These results are combined with the analogous one obtained...
Persistent link: https://www.econbiz.de/10010663580
In Poisson games, an extension of perfect equilibrium based on perturbations of the strategy space does not guarantee that players use admissible actions. This observation suggests that such a class of perturbations is not the correct one. We characterize the right space of perturbations to...
Persistent link: https://www.econbiz.de/10010751336
In Poisson games, an extension of perfect equilibrium based on perturbations of the strategy space does not guarantee that players use admissible actions. This observation suggests that such a class of perturbations is not the correct one. We characterize the right space of perturbations to...
Persistent link: https://www.econbiz.de/10010930789
In games with population uncertainty some perfect equilibria are in dominated strategies. We prove that every Poisson game has at least one perfect equilibrium in undominated strategies.
Persistent link: https://www.econbiz.de/10005066726
We prove that for generic network-formation games where players incur a strictly positive cost to propose links the number of Nash equilibria is finite. Furthermore all Nash equilibria are regular and, therefore, stable sets.
Persistent link: https://www.econbiz.de/10008494988
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We present a model where a society elects candidates belonging to two parties to a national parliament. The electoral rule determines the seats distribution between the two parties. The policy outcome is a function of the number of seats the two parties win in the election. We analyze two...
Persistent link: https://www.econbiz.de/10010848207
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