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On the generic strategic stability of Nash equilibria if voting is costly

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  • Francesco Sinopoli
  • Giovanna Iannantuoni

    ()

Abstract

We prove that for generic plurality games with positive cost of voting, the number of Nash equilibria is finite. Furthermore all the equilibria are regular, hence stable sets as singletons. Copyright Springer-Verlag Berlin/Heidelberg 2005

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File URL: http://hdl.handle.net/10.1007/s00199-003-0441-9
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Bibliographic Info

Article provided by Springer in its journal Economic Theory.

Volume (Year): 25 (2005)
Issue (Month): 2 (02)
Pages: 477-486

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Handle: RePEc:spr:joecth:v:25:y:2005:i:2:p:477-486

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Related research

Keywords: Plurality rule; Regular equilibria; Stable sets.;

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References

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  1. De Sinopoli, Francesco, 2001. "On the Generic Finiteness of Equilibrium Outcomes in Plurality Games," Games and Economic Behavior, Elsevier, vol. 34(2), pages 270-286, February.
  2. Mertens, J.-F., 1988. "Stable equilibria - a reformulation," CORE Discussion Papers 1988038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Marco A. Haan & Peter Kooreman, 2003. "How majorities can lose the election Another voting paradox," Social Choice and Welfare, Springer, vol. 20(3), pages 509-522, 06.
  4. Govindan, S & McLennan, A, 1997. "On the Generic Finiteness of Equilibrium Outcome Distributions in Game Forms," Papers 299, Minnesota - Center for Economic Research.
  5. Lawrence E. Blume & William R. Zame, 1993. "The Algebraic Geometry of Perfect and Sequential Equilibrium," Game Theory and Information 9309001, EconWPA.
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Cited by:
  1. Francesco De Sinopoli & Carlos Pimienta, 2009. "Costly Network Formation and Regular Equilibria," Discussion Papers 2009-05, School of Economics, The University of New South Wales.
  2. De Sinopoli, F. & Iannantuoni, G., 2005. "On Asymmetric Behaviors if Voting is Costly," Cambridge Working Papers in Economics 0521, Faculty of Economics, University of Cambridge.
  3. Carlos Pimienta, 2007. "Generic Finiteness of Outcome Distributions for Two Person Game Forms with Three Outcomes," Discussion Papers 2007-20, School of Economics, The University of New South Wales.
  4. Tasos Kalandrakis, 2005. "On Participation Games with Complete Information," Wallis Working Papers WP40, University of Rochester - Wallis Institute of Political Economy.
  5. Carlos Pimienta, 2007. "Generic Determinacy of Nash Equilibrium in Network Formation Games," Discussion Papers 2007-31, School of Economics, The University of New South Wales.
  6. Tasos Kalandrakis, 2006. "Robust Rational Turnout," Wallis Working Papers WP43, University of Rochester - Wallis Institute of Political Economy.

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