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Equilibrium Agenda Formation

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  • Dutta, Bhaskar

    (Indian Statistical Institute, New Delhi and Department of Economics, University of Warwick)

  • Jackson, Matthew O.

    (California Institute of Technology, Pasadena, California)

  • Breton, Michel Le

    (Universite d'Aix-Marseille)

Abstract

We 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 Info

Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 628.

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Length: 42 pages
Date of creation: 2002
Date of revision:
Handle: RePEc:wrk:warwec:628

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Keywords: Agenda ; Equilibrium ; Voting;

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References

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  1. McKelvey, Richard D. & Niemi, Richard G., 1978. "A multistage game representation of sophisticated voting for binary procedures," Journal of Economic Theory, Elsevier, vol. 18(1), pages 1-22, June.
  2. Tim Besley & Stephen Coate, . "An Economic Model of Representative Democracy," Penn CARESS Working Papers ecf70d639d700dba5327ab0c8, Penn Economics Department.
  3. Salvador Barbera & Hugo Sonnenschein & Lin Zhou, 1990. "Voting by Committees," Cowles Foundation Discussion Papers 941, Cowles Foundation for Research in Economics, Yale University.
  4. Rodriguez-Alvarez, Carmelo, 2003. "Candidate Stability And Voting Correspondences," The Warwick Economics Research Paper Series (TWERPS) 666, University of Warwick, Department of Economics.
  5. Barbera, S. & Sonnenschein, H., 1988. "Voting By Quota And Committee," UFAE and IAE Working Papers 95-88, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  6. Osborne, Martin J & Slivinski, Al, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, MIT Press, vol. 111(1), pages 65-96, February.
  7. Banks, Jeffrey S. & Gasmi, Farid., 1986. "Endogenous Agenda Formation in Three-Person Committees," Working Papers 603, California Institute of Technology, Division of the Humanities and Social Sciences.
  8. Dutta, Bhaskar & Jackson, Matthew O. & Le Breton, Michel, 2002. "Voting by Successive Elimination and Strategic Candidacy," Journal of Economic Theory, Elsevier, vol. 103(1), pages 190-218, March.
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Citations

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Cited by:
  1. Mathias Staudigl & Simon Weidenholzer, 2010. "Constrained Interactions and Social Coordination," Vienna Economics Papers 1004, University of Vienna, Department of Economics.
  2. Casella, Alessandra, 2011. "Agenda control as a cheap talk game: Theory and experiments with Storable Votes," Games and Economic Behavior, Elsevier, vol. 72(1), pages 46-76, May.
  3. Alessandra Casella, 2008. "Storable Votes and Agenda Order Control. Theory and Experiments," NBER Working Papers 14487, National Bureau of Economic Research, Inc.
  4. Elizabeth Penn, 2006. "The Banks Set in Infinite Spaces," Social Choice and Welfare, Springer, vol. 27(3), pages 531-543, December.
  5. Rafael Hortala-Vallve, 2007. "Qualitative Voting," Economics Series Working Papers 320, University of Oxford, Department of Economics.
  6. B. Douglas Bernheim & Antonio Rangel & Luis Rayo, 2002. "Democratic Policy Making with Real-Time Agenda Setting: Part 1," NBER Working Papers 8973, National Bureau of Economic Research, Inc.

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