Equilibrium Agenda Formation
AbstractWe develop a definition of equilibrium for agenda formation in general voting settings. The definition is independent of any protocol. We show that the set of equilibrium outcomes for any Pareto efficient voting rule is uniquely determined. We also show that for such voting rules, if preferences are strict then the set of equilibrium outcomes coincides with that of the outcomes generated by considering all full agendas for voting by successive elimination and show that the set of equilibrium outcomes corresponds with the Banks set. We also examine the implications in several other settings.
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Bibliographic InfoPaper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 628.
Length: 42 pages
Date of creation: 2002
Date of revision:
Agenda ; Equilibrium ; Voting;
Other versions of this item:
- Jackson, Matthew O. & Dutta, Bhaskar & Le Breton, Michele, 2002. "Equilibrium Agenda Formation," Working Papers 1152, California Institute of Technology, Division of the Humanities and Social Sciences.
- Bhaskar Dutta & Matthew O. Jackson & Michel Le Breton, 2002. "Equilibrium Agenda Formation," Microeconomics 0211010, EconWPA.
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
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