Endogenous platforms: the case of many parties
AbstractWe analyze existence of equilibrium in a one-dimensional model of endogenous party platforms and more than two parties. The platforms proposed by parties depend on their membership composition. The policy implemented is a function of the different proposals and the vote distribution among such proposals. It is shown that if voters are sincere there is always an equilibrium regardless of the number of parties. In the case of strategic voting behavior, existence of equilibrium can be shown provided a subadditivity condition on the outcome function holds.
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Bibliographic InfoArticle provided by Springer in its journal International Journal of Game Theory.
Volume (Year): 35 (2007)
Issue (Month): 2 (January)
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Web page: http://link.springer.de/link/service/journals/00182/index.htm
Other versions of this item:
- Gomberg, Andrei & Marhuenda, Francisco & Ortuño, Ignacio, 2007. "Endogenous platforms : the case of many parties," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/4175, Universidad Carlos III de Madrid.
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