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On the Generic Strategic Stability of Nash Equilibria if Voting is Costly

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Author Info
Francesco De Sinopoli () (Universidad Carlos III de Madrid - Department of Economics)
Giovanna Iannantuoni () (Universidad Carlos III de Madrid - Department of Economics)

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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.

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Paper provided by Tor Vergata University, CEIS in its series CEIS Research Paper with number 41.

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Length: 12
Date of creation: 08 Dec 2003
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Handle: RePEc:rtv:ceisrp:41

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Postal: CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma
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Related research
Keywords: Plurality Rule; Regular Equilibria; Stable Sets;

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior

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. Mertens, J.-F., 1988. "Stable equilibria - a reformulation," CORE Discussion Papers 1988038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Blume, Lawrence E & Zame, William R, 1994. "The Algebraic Geometry of Perfect and Sequential Equilibrium," Econometrica, Econometric Society, vol. 62(4), pages 783-94, July. [Downloadable!] (restricted)
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  3. Govindan, Srihari & McLennan, Andrew, 2001. "On the Generic Finiteness of Equilibrium Outcome Distributions in Game Forms," Econometrica, Econometric Society, vol. 69(2), pages 455-71, March.
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  4. 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. [Downloadable!] (restricted)
  5. 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. [Downloadable!] (restricted)
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Cited by:
(explanations, 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. Tasos Kalandrakis, 2005. "On Participation Games with Complete Information," Wallis Working Papers WP40, University of Rochester - Wallis Institute of Political Economy. [Downloadable!]
    Other versions:
  2. Tasos Kalandrakis, 2006. "Robust Rational Turnout," Wallis Working Papers WP44, University of Rochester - Wallis Institute of Political Economy. [Downloadable!]
    Other versions:
  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. [Downloadable!]
  4. 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. [Downloadable!]
    Other versions:
  5. 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. [Downloadable!]
    Other versions:
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