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Probabilistic Voting and Equilibrium: An Impossibility Result

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 Kirchgassner, Gebhard

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Abstract

The introduction of voters' uncertainty alone is in no way sufficient to guarantee an equilibrium outcome of a voting process. What is needed in addition is the assumption that the voting probabilities depend strictly convex/respectively concave on the utility losses caused by the proposed policies of the different parties. This assumption is, however, not compatible with an unrestricted policy space, and it has to be rejected for theoretical as well as empirical reasons. Thus, using models of probabilistic voting we still have to accept that cycles can arise and electoral outcomes are prone to manipulation via agenda setting. Copyright 2000 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 103 (2000)
Issue (Month): 1-2 (April)
Pages: 35-48
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Handle: RePEc:kap:pubcho:v:103:y:2000:i:1-2:p:35-48

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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.:
  1. Coughlin, Peter J & Mueller, Dennis C & Murrell, Peter, 1990. "Electoral Politics, Interest Groups, and the Size of Government," Economic Inquiry, Oxford University Press, vol. 28(4), pages 682-705, October.
  2. Hettich, W. & Winter, S.L., 1993. "The Political Economy of Taxation," Papers 93-2, Carleton - Business Administration.
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  3. Coughlin, Peter & Nitzan, Shmuel, 1981. "Electoral outcomes with probabilistic voting and Nash social welfare maxima," Journal of Public Economics, Elsevier, vol. 15(1), pages 113-121, February. [Downloadable!] (restricted)
  4. Caplin, Andrew S & Nalebuff, Barry J, 1988. "On 64%-Majority Rule," Econometrica, Econometric Society, vol. 56(4), pages 787-814, July. [Downloadable!] (restricted)
  5. Coughlin, Peter & Nitzan, Shmuel, 1981. "Directional and local electoral equilibria with probabilistic voting," Journal of Economic Theory, Elsevier, vol. 24(2), pages 226-239, April. [Downloadable!] (restricted)
  6. Feldman, Allan M. & Lee, Kyung-Ho, 1988. "Existence of electoral equilibria with probabilistic voting," Journal of Public Economics, Elsevier, vol. 35(2), pages 205-227, March. [Downloadable!] (restricted)
  7. Dan Usher, 1994. "The Significance of the Probabilistic Voting Theorem," Canadian Journal of Economics, Canadian Economics Association, vol. 27(2), pages 433-45, May. [Downloadable!] (restricted)
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  1. Charles Blankart & Dennis Mueller, 2004. "The Advantages of Pure Forms of Parliamentary Democracy over Mixed Forms," Public Choice, Springer, vol. 121(3), pages 431-453, February. [Downloadable!] (restricted)
  2. BRETON, Albert & SALMON, Pierre, 2002. "Constitutional rules and competitive politics : their effects on secessionism," LATEC - Document de travail - Economie (1991-2003) 2002-06, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne. [Downloadable!]
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