Outcome-Independent Payoffs in Strategic Voting

نویسندگان

  • Daniel Russo
  • Spencer Smith
چکیده

We consider a game-theoretic model of voting in which players have an outcomeindependent component to their preferences. This outcome-independent component—even if arbitrarily small—can dramatically affect the set of Nash equilibria in voting games because it determines how voters behave when they are not pivotal. Given incomplete information, some weak restrictions on voter preferences, and a sufficiently large number of voters, there is a unique Bayesian Nash equilibrium in which every player votes according to the outcome-independent component of his preferences. Our model helps explain (1) why people vote when participation is optional and voting is costly, and (2) why public and secret voting may lead to different outcomes. ∗We thank Professor Stephen Salant for his devoted attention, careful guidance, and invaluable suggestions. We also thank Professor Lones Smith, Professor Scott Page, and Professor Tilman Börgers for their helpful comments. †University of Michigan, [email protected] ‡University of Michigan, [email protected]

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Strategic Voting Experiments

We report preliminary results from voting experiments designed to test both decision-theoretic and game-theoretic models of strategic voting. The experiments used a qualified majority voting system in which either of two options required a two-thirds majority to win, and thus for all participants to receive a positive payoff. Since the payoffs varied across the electorate, there were opportunit...

متن کامل

Strategic Voting in TV Game Show “The Weakest Link” By

This paper utilizes the data generated from Television game shows The Weakest Link to study real life strategic voting with large stake payoffs. Theoretical models are built to analyze the three-player voting possibly with second move of tie breaker. With reasonable specifications, equilibria can be constructed to support all observed outcomes. When the game structure is relatively simple with ...

متن کامل

Strategic Voting in Sequential Committees

We consider strategic voting in sequential committees in a common value setting with incomplete information. A proposal is considered against the status quo in one committee, and only upon its approval advances for consideration in a second committee. Committee members (i) are privately and imperfectly informed about an unobservable state of nature which is relevant to their payoffs, and (ii) h...

متن کامل

Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Strategic Voting in Sequential Committees

We consider strategic voting with incomplete information and partially common values in sequential committees. A proposal is considered against the status quo in one committee, and only upon its approval advances for consideration in a second committee. Committee members (i) are privately and imperfectly informed about an unobservable state of nature which is relevant to their payoffs, and (ii)...

متن کامل

Party Formation and Policy Outcomes under Di ff erent Electoral Systems ∗

I introduce a simple model of representative democracy that allows for strategic parties, strategic candidates, strategic voters, and multiple districts. If the distribution of policy preferences is not too heterogeneous across and within districts, then the number of effective parties is larger under Proportional Representation than under Plurality Voting, confirming Duverger’s hypothesis, and...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2011