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Persistent link: https://www.econbiz.de/10003429464
We analyze the effects of voter coordination on the equilibrium of voting games. Specifically, we analyze the concepts of strong equilibrium and coalition - proof equilibrium for plurality rule and runoff rule elections. We characterize these equilibria in the three candidate case, and provide...
Persistent link: https://www.econbiz.de/10014062591
We study the delegation problem between a principal and an agent, who not only has better information about the performance of the available actions but also has superior awareness of the set of actions that are actually feasible. The agent decides which of the available actions to reveal and...
Persistent link: https://www.econbiz.de/10012418278
Persistent link: https://www.econbiz.de/10014328115
We study the delegation problem between a principal and an agent, who not only has better information about the performance of the available actions but also superior awareness of the set of actions that are actually feasible. We provide conditions under which the agent finds it optimal to leave...
Persistent link: https://www.econbiz.de/10014468074