Published August 2004
| Version Campus-Access Only
Journal Article
Equilibrium agenda formation
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, and in fact coincides with that of the outcomes generated by considering all full agendas. Under voting by successive elimination (or amendment), the set of equilibrium outcomes corresponds with the Banks set. We also examine the implications in several specific settings and show that studying equilibrium agendas can lead to sharp predictions, in contrast with well-known "chaos" theorems.
Additional Information
© Springer-Verlag 2004. Received: 13 September 2002/Accepted: 5 March 2003. Financial support under NSF grant SES-9986190 and an RTDF grant from the University of Warwick are gratefully acknowledged. We thank John Duggan, Martin Osborne, and an anonymous referee for valuable suggestions, and participants at the Sixth International Meeting of the Society for Social Choice and Welfare for helpful comments.External Files
Files attached to this record are restricted to users connected to the Caltech campus network:
- sswp 1152 - published - nochaos.pdf
Additional details
Identifiers
- Eprint ID
- 76026
- DOI
- 10.1007/s00355-003-0233-y
- Resolver ID
- CaltechAUTHORS:20170408-150755689
Related works
- Describes
- https://ideas.repec.org/p/wrk/warwec/628.html (URL)
Funding
- NSF
- SES-9986190
- University of Warwick
Dates
- Created
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2017-05-04Created from EPrint's datestamp field
- Updated
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2021-11-15Created from EPrint's last_modified field