Equilibrium Agenda Formation
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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Social Choice and Welfare,
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- Salvador Barbera & Hugo Sonnenschein & Lin Zhou, 1990.
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Cowles Foundation Discussion Papers
941, Cowles Foundation for Research in Economics, Yale University.
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