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We study Colonel Blotto games with sequential battles and a majoritarian objective. For a large class of contest success functions, the equilibrium is unique and characterized by an even split: Each battle that is reached before one of the players wins a majority of battles is allocated the same...
Persistent link: https://www.econbiz.de/10014113499
We study Colonel Blotto games with sequential battles and a majoritarian objective. For a large class of contest success functions, the equilibrium is unique and characterized by an even split: Each battle that is reached before one of the players wins a majority of battles is allocated the same...
Persistent link: https://www.econbiz.de/10012917948
Persistent link: https://www.econbiz.de/10011624086
This paper examines voting equilibria in a citizen-candidate model of indirect democracy. Voters are partitioned into constituencies and elect representatives into a legislative assembly to bargain over policy. In the bargaining phase, representatives both make policy proposals and vote on each...
Persistent link: https://www.econbiz.de/10014061416
Persistent link: https://www.econbiz.de/10012297646