Strategic candidacy for multivalued voting procedures
Article Abstract:
The Dutta, Jackson and Le Breton (DJLeB) framework is extended by allowing the outcome of a voting procedure to be a set of candidates where some or all of the voters have weak preference orderings of the candidates. Any strongly candidate stable voting selection satisfying a weak unanimity condition is characterized by a serial dictatorship when there are atleast three candidates.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
The maximal number of pure Nash equilibria
Article Abstract:
The largest sets of pure strategy vectors for open sets of payoffs. The number of pure strategy Nash equilibria can be as many as the number of pure strategy vectors in a normal form game, in which each agent's payoff is never dependent on his choice of strategy. However, such phenomenon is not well supported in an open economy.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
The maximal number of regular totally mixed Nash equilibria
Article Abstract:
There is a maximum number of totally mixed Nash equilibria of a game of strategy. A Nash equilibrium is totally mixed only if no pure strategy is assigned with negative probability. Games with the maximum number can be constructed.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Trade Logistics in Developing Countries: The Case of the Middle East and North Africa. An Assessment of Environmentally- related Non-tariff Measures
- Abstracts: Keynesian multipliers, direct crowding out, and the optimal provision of public goods. Durability in consumption and the dynamics of the current account
- Abstracts: Economic risk and political risk in fiscal unions. The political economy of fiscal adjustments. Taxation and redistribution in an open economy
- Abstracts: The coast-noncoast income gap, productivity, and regional economic policy in China. Returns to skills and speed of reforms: evidence from central and eastern Europe, China, and Russia
- Abstracts: The impact of global warming on agriculture: comment. The impact of global warming on agriculture: a Ricardian analysis: reply