Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Equilibrium Agenda Formation
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چکیده
We develop a de nition of equilibrium for agenda formation in general voting settings. The de nition is independent of any protocol. We show that the set of equilibrium outcomes for any Pareto eÆcient voting rule is uniquely determined, and in fact coincides with that of the outcomes generated by considering all full agendas. Under voting by successive elimination (or amendment), the set of equilibrium outcomes corresponds with the Banks set. We also examine the implications in several speci c settings and show that studying equilibrium agendas can lead to sharp predictions, in contrast with well-known \chaos" theorems. JEL classi cation numbers: D71, D72
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Op-scan120058 341..350
Peter Sokol-Hessner, Colin F. Camerer, and Elizabeth A. Phelps Division of the Humanities and Social Sciences (HSS), California Institute of Technology, Division of the Humanities and Social Sciences (HSS) and Computational and Neural Systems (CNS), California Institute of Technology, 1200 E. California Blvd., Pasadena, CA 91125, USA, and Department of Psychology, New York University, 6 Washing...
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تاریخ انتشار 2002