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Nondeterministic models of collective choice posit convergence among the outcomes of simple-majority decisions. The object of this research is to estimate the extent of convergence of majority choice under different procedural conditions. The paper reports results from a computer simulation of...
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What do the preceding results tell us for democratic theory? First, that a majority can always defend itself against 2-issue special interest vote trades with a coalition no larger than that used by the minority. In terms of numbers counter-trades are no harder to organize than 2-issue special...
Persistent link: https://www.econbiz.de/10010864346
In this paper, we construct a general probabilistic spatial theory of elections and examine sufficient conditions for equilibrium in two-candidate contests with expected vote-maximizing candidates. Given strict concavity of the candidate objective function, a unique equilibrium exists and the...
Persistent link: https://www.econbiz.de/10010864421
This essay provides an explanation for the existence of stable logrolling arrangements. The model presented assumes that issues are voted on one at a time, that people are risk averse, and that each person forecasts future issue decisions with a random variable whose mean is linear in the...
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