This note shows that a unique mixed Nash equilibrium obtains when there are three voters in Palfrey and Rosenthal's (1983) costly voting game under complete information. Experimental investigation of this result might be interesting.
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Article provided by Economics Bulletin in its journal Economics Bulletin.
Find related papers by JEL classification: D7 - Microeconomics - - Analysis of Collective Decision-Making
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Martin Osborne & Jeffry Rosenthal & Matthew A. Turner, 1998.
"Meetings with costly participation,"
Working Papers
mturner-98-02, University of Toronto, Department of Economics.
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Other versions:
Timothy J. Feddersen & Wolfgang Pesendorfer, 1995.
"The Swing Voter's Curse,"
Discussion Papers
1064, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
[Downloadable!]