Complete information pivotal-voter model with asymmetric group size
Mavridis, Christos 
ORCID: https://orcid.org/0000-0002-1146-958X and Serena, Marco
(2018)
Complete information pivotal-voter model with asymmetric group size.
Public Choice, 177
(1-2)
.
pp. 53-66.
ISSN 0048-5829
[Article]
(doi:10.1007/s11127-018-0585-6)
|
PDF
- Published version (with publisher's formatting)
Available under License Creative Commons Attribution 4.0. Download (1MB) | Preview |
Abstract
We study the equilibria of the standard pivotal-voter participation game between two groups of voters of asymmetric sizes (majority and minority), as originally proposed by Palfrey and Rosenthal (Public Choice 41(1):7–53, 1983). We find a unique equilibrium wherein the minority votes with certainty and the majority votes with probability in (0,1); we prove that this is the only equilibrium in which voters of only one group play a pure strategy, and we provide sufficient conditions for its existence. Equilibria where voters of both groups vote with probability in (0, 1) are analyzed numerically.
| Item Type: | Article |
|---|---|
| Research Areas: | A. > Business School > Economics |
| Item ID: | 25614 |
| Notes on copyright: | © The Author(s) 2018. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the
source, provide a link to the Creative Commons license, and indicate if changes were made |
| Useful Links: | |
| Depositing User: | Christos Mavridis |
| Date Deposited: | 15 Nov 2018 12:41 |
| Last Modified: | 09 Jun 2022 16:44 |
| URI: | https://eprints.mdx.ac.uk/id/eprint/25614 |
Actions (login required)
 |
View Item |
Statistics
Additional statistics are available via IRStats2.
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)