Agenda Networks and Farsightedly Stable Agenda Formation
AbstractWe model the agenda formation process as a network. In an agenda network, nodes represent agendas while arcs represent coalition preferences over agendas and coalitional moves from one agenda to another. We show that all agenda networks have agenda nodes which are farsightedly consistent. These nodes represent agendas which are likely to emerge and persist if agents behave farsightedly in forming agendas. We demonstrate the usefulness of our approach by computing the farsightedly consistent agendas for three examples of agenda networks.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0505003.
Length: 12 pages
Date of creation: 12 May 2005
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Note: Type of Document - pdf; pages: 12
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directed networks; farsighted stability;
Find related papers by JEL classification:
- D7 - Microeconomics - - Analysis of Collective Decision-Making
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-14 (All new papers)
- NEP-GTH-2005-05-14 (Game Theory)
- NEP-NET-2005-05-14 (Network Economics)
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.:
- Chwe Michael Suk-Young, 1994. "Farsighted Coalitional Stability," Journal of Economic Theory, Elsevier, vol. 63(2), pages 299-325, August.
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