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We analyze a model in which voters learn over time their preferences regarding an irreversible social decision. Voters can either implement the project in the first period, or they can postpone the decision to the second period. We analyze the effects of different majority rules. We show that...
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A central problem for the game theoretic analysis of voting is that voting games have very many Nash equilibria. In this paper, we consider a new refinement concept for voting games that combines two ideas that appear reasonable for voting games: First, trembling hand perfection (voters...
Persistent link: https://www.econbiz.de/10014061565
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