New PDF release: Social Choice and Strategic Decisions: Essays in Honor of

By David Austen-Smith, John Duggan

ISBN-10: 3540220534

ISBN-13: 9783540220534

ISBN-10: 354027295X

ISBN-13: 9783540272953

Social offerings, approximately charges on executive courses, or approximately public coverage extra largely, or certainly from any achieveable set of possible choices, are made up our minds by way of politics. This booklet is a set of essays that tie jointly the fields spanned by means of Jeffrey S. Banks' examine in this topic. It examines the strategic elements of political decision-making, together with the alternatives of citizens in committees, the location of applicants in electoral campaigns, and the habit of events in legislatures. The chapters of this e-book give a contribution to the speculation of vote casting with incomplete details, to the literature on Downsian and probabilistic vote casting versions of elections, to the idea of social selection in distributive environments, and to the idea of optimum dynamic decision-making. The essays hire a spectrum of study tools, from game-theoretic research, to empirical research, to experimental trying out.

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Additional resources for Social Choice and Strategic Decisions: Essays in Honor of Jeffrey S. Banks (Studies in Choice and Welfare)

Sample text

Social Choice and Welfare, 18: 1-22. [86] Shepsle, K. A. (1979) Institutional arrangements and equilibrium in multidimensional voting models. American Journal of Political Science, 23: 27-59. [87] Winter, E. (1996) Voting and vetoing. American Political Science Review, 90: 813-823. Probabilistic Voting in the Spatial Model of Elections: The Theory of Office-motivated Candidates'*^ Jeffrey S. Banks^ and John Duggan^ ^ California Institute of Technology ^ University of Rochester duggQtroi. cc. r o c h e s t e r .

In the second case, for all t € TQ \ T ^ , the integrand of GB is positive, and the desired inequality follows. 6 Robustness We next take up the issue of robustness of equilibria broached by Calvert [9]. To do so, we formulate candidate preferences more broadly. Namely, let A be an arbitrary metric space of parameters with generic element A, and let U^{XA', XB, A) represent ^ ' s payoff. Similarly, let t / ^ ( x ^ , X B , A) represent B's payoff. Let -^(A) represent the set of mixed strategy equilibria of the electoral game corresponding to A, where we give the space of mixed strategies the weak* topology.

Assume (i) X is compact and (ii) for each C, jointly continuous in ( X ^ , X B , A). Then E has closed graph. U^{XA,XB,X) is Because A is an arbitrary metric space, A may index distributions of voter types, and we can consider robustness with respect to changes in demographic variables. Or we can let A index families of expected plurality share functions, and we can examine the effects of small changes in the underlying structure of incomplete information in the electoral game. We first apply Theorem 9 to establish robustness of equilibria of the electoral game with respect to demographic variables captured by the distribution of types, //.

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Social Choice and Strategic Decisions: Essays in Honor of Jeffrey S. Banks (Studies in Choice and Welfare) by David Austen-Smith, John Duggan


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