Almost orthogonal outcomes under probabilistic voting: A cautionary example

Dolmas, Jim (2014): Almost orthogonal outcomes under probabilistic voting: A cautionary example.

Abstract

I illustrate by example a way in which equilibria under probabilistic voting are fragile with respect to assumptions about the non-policy components of voter preferences. I also offer intuition for the fragility using the social welfare functions which also describe the equilibria.

• Item Type: MPRA Paper
• Language: English
• Keywords: Probabilistic voting; political economy
• Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior; D - Microeconomics > D7 - Analysis of Collective Decision-Making > D78 - Positive Analysis of Policy Formulation and Implementation

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