1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario registrado en Universia


Detalles del recurso

Descripción

A one-dimensional model of two candidate elections under asymmetric information is theoretically developed and experimentally tested. Candidates do not know voter utility functions, and most voters are uninformed about candidate policy positions. A fulfilled expectations equilibrium is defined, using poll and endorsement data as information sources. It is proved that with any positive fraction of informed voters, any equilibrium extracts all available information: all participants—voters and candidates alike—act as if they were fully informed. For fixed candidate strategies, a dynamic is given for convergence to voter equilibrium, and this process is shown to imply a “bandwagon effect.”

Pertenece a

Caltech Authors  

Autor(es)

McKelvey, Richard D. -  Ordeshook, Peter C. - 

Id.: 70432746

Versión: 1.0

Estado: Final

Tipo de recurso: Article  -  PeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://resolver.caltech.edu/CaltechAUTHORS:20171115-170626266
[References] https://authors.library.caltech.edu/83247/

Fecha de contribución: 17-nov-2017

Contacto:

Localización:
* McKelvey, Richard D. and Ordeshook, Peter C. (1985) Elections with limited information: A fulfilled expectations model using contemporaneous poll and endorsement data as information sources. Journal of Economic Theory, 36 (1). pp. 55-85. ISSN 0022-0531. http://resolver.caltech.edu/CaltechAUTHORS:20171115-170626266

Otros recursos del mismo autor(es)

  1. Russia's party system: Is Russian federalism viable? [No abstract]
  2. Quantal response equilibria for normal form games We investigate the use of standard statistical models for quantal choice in a game theoretic setting...
  3. A decade of experimental research on spatial models of elections and committees The Euclidean representation of political issues and alternative outcomes, and the associated repres...
  4. The geographical imperatives of the balance of power in 3-country systems This paper extends a cooperative game-theoretic model of the balance of power in anarchic internatio...
  5. Public and private information: An experimental study of information pooling This paper reports on an experimental study of the way in which individuals make inferences from pub...

Otros recursos de la mismacolección

  1. The Use of the GI Method in Band Calculations on Solids The application of the GI method to band calculations is discussed with primary emphasis on the alka...
  2. Orbital phase continuity principle and selection rules for concerted reactions In recent years the GI method(1) for electronic wavefunctions has been used to improve upon Hartree-...
  3. The incorporation of quadratic convergence into open-shell self-consistent field equations The quadratically convergent approach to solving the correct SCF equations for general open-shell sy...
  4. A new type of wavefunction for BH The wavefunctions of BH have been obtained using a generalization of the valence bond and Hartree-Fo...
  5. Exchange kinetic energy, contragradience, and chemical binding The energy components of the G1 wavefunction for H_2 are carefully analyzed. It is found that the bi...

Aviso de cookies: Usamos cookies propias y de terceros para mejorar nuestros servicios, para análisis estadístico y para mostrarle publicidad. Si continua navegando consideramos que acepta su uso en los términos establecidos en la Política de cookies.