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Almost orthogonal outcomes under probabilistic voting: A cautionary example

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  • Dolmas, Jim

Abstract

I illustrate by example a way in which equilibria under probabilistic voting are fragile with respect to assumptions about the non-policy components of voter preferences. I also offer intuition for the fragility using the social welfare functions which also describe the equilibria.

Suggested Citation

  • Dolmas, Jim, 2014. "Almost orthogonal outcomes under probabilistic voting: A cautionary example," MPRA Paper 53628, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:53628
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    File URL: https://mpra.ub.uni-muenchen.de/53628/1/MPRA_paper_53628.pdf
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    Cited by:

    1. Daniel Carroll & Jim Dolmas & Eric Young, 2021. "The Politics of Flat Taxes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 39, pages 174-201, January.
    2. Daniel R. Carroll & Jim Dolmas & Eric Young, 2015. "Majority Voting: A Quantitative Investigation," Working Papers (Old Series) 1442, Federal Reserve Bank of Cleveland.

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    More about this item

    Keywords

    Probabilistic voting; political economy;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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