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Strategic Voting with Almost Perfect Signals

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  • Venturini, Andrea

Abstract

A standard assumption in the literature of strategic voting is the independence of signals. Each juror observes a signal at the interim stage of the game. Then she votes according to her private information in order to maximize her expected utility. This work introduces a dependency between signals, reflecting a more realistic situation, in which evidences can be incontrovertible. We give a full characterization of the symmetric equilibria in non-weakly dominated strategies and we provide a benchmark between the classical approach and this new one.

Suggested Citation

  • Venturini, Andrea, 2015. "Strategic Voting with Almost Perfect Signals," MPRA Paper 71216, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:71216
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    References listed on IDEAS

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    1. Ladha, Krishna K., 1995. "Information pooling through majority-rule voting: Condorcet's jury theorem with correlated votes," Journal of Economic Behavior & Organization, Elsevier, vol. 26(3), pages 353-372, May.
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    3. Feddersen, Timothy & Pesendorfer, Wolfgang, 1998. "Convicting the Innocent: The Inferiority of Unanimous Jury Verdicts under Strategic Voting," American Political Science Review, Cambridge University Press, vol. 92(1), pages 23-35, March.
    4. Gerardi, Dino, 2000. "Jury Verdicts and Preference Diversity," American Political Science Review, Cambridge University Press, vol. 94(2), pages 395-406, June.
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    6. Austen-Smith, David & Banks, Jeffrey S., 1996. "Information Aggregation, Rationality, and the Condorcet Jury Theorem," American Political Science Review, Cambridge University Press, vol. 90(1), pages 34-45, March.
    7. Daniel Berend & Luba Sapir, 2007. "Monotonicity in Condorcet’s Jury Theorem with dependent voters," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(3), pages 507-528, April.
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    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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