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On the generic strategic stability of Nash equilibria if voting is costly

Author

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  • Francesco Sinopoli
  • Giovanna Iannantuoni

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. Copyright Springer-Verlag Berlin/Heidelberg 2005

Suggested Citation

  • Francesco Sinopoli & Giovanna Iannantuoni, 2005. "On the generic strategic stability of Nash equilibria if voting is costly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 25(2), pages 477-486, February.
    • Handle: RePEc:spr:joecth:v:25:y:2005:i:2:p:477-486
    DOI: 10.1007/s00199-003-0441-9
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    Cited by:

    1. Pimienta, Carlos, 2009. "Generic determinacy of Nash equilibrium in network-formation games," Games and Economic Behavior, Elsevier, vol. 66(2), pages 920-927, July.
    2. Tasos Kalandrakis, 2007. "On participation games with complete information," International Journal of Game Theory, Springer;Game Theory Society, vol. 35(3), pages 337-352, February.
    3. Tasos Kalandrakis, 2009. "Robust rational turnout," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 41(2), pages 317-343, November.
    4. Pimienta, Carlos, 2010. "Generic finiteness of outcome distributions for two-person game forms with three outcomes," Mathematical Social Sciences, Elsevier, vol. 59(3), pages 364-365, May.
    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.
    6. De Sinopoli, Francesco & Pimienta, Carlos, 2010. "Costly network formation and regular equilibria," Games and Economic Behavior, Elsevier, vol. 69(2), pages 492-497, July.

    More about this item

    Keywords

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    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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