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


Opción 1: Descargar recurso

Detalles del recurso

Descripción

We develop theoretically and test experimentally a one dimensional model of two candidate competition with incomplete information. We consider a sequence of elections in which the same general issue predominates from election to election, but where the voters have no contemoporaneous information about the policy positions adopted by the candidates, and where the candidates have no contemporaneous information about the preferences of the voters. Instead, participants have access only to contemporaneous endorsement data of an interest group, and to historical policy positions of the previous winning candidates. We define a stationary rational expectations equilibrium to the resulting (repeated) game of incomplete information, and show that in equilibrium, all participants, voters and candidates alike, end up acting as if they had complete information: Voters end up voting for the correct candidate, and candidates end up converging to the median voter.

Pertenece a

Caltech Authors  

Autor(es)

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

Id.: 70095279

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Tipo de recurso: Report or Paper  -  PeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://resolver.caltech.edu/CaltechAUTHORS:20170919-152059788
[References] https://authors.library.caltech.edu/81588/

Fecha de contribución: 16-nov-2017

Contacto:

Localización:
* McKelvey, Richard D. and Ordeshook, Peter C. (1984) Sequential Elections with Limited Information. Social Science Working Paper, 530. California Institute of Technology , Pasadena, CA. (Unpublished) http://resolver.caltech.edu/CaltechAUTHORS:20170919-152059788

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. Elections with limited information: A fulfilled expectations model using contemporaneous poll and endorsement data as information sources A one-dimensional model of two candidate elections under asymmetric information is theoretically dev...
  4. 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...
  5. 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...

Otros recursos de la mismacolección

  1. Tuning transcriptional regulation through signaling: A predictive theory of allosteric induction Allosteric regulation is found across all domains of life, yet we still lack simple, predictive theo...
  2. Computer Languages for Numerical Engineering Problems Recent and anticipated advances in computer hardware capabilities have made hardware limitations ins...
  3. NuSTAR and Swift observations of Swift J1357.2-0933 during an early phase of its 2017 outburst We present a detailed spectral analysis of Swift and NuSTAR observations of the very faint X-ray tra...
  4. Lagrangian Models of the Dispersion of Airborne Chemically Reacting Contaminants The present work attempts to obtain a mathematical model for generation and dispersion of photochemi...
  5. The curved kinetic boundary layer of active matter The finite reorient-time of swimmers leads to a finite run length ℓ and the kinetic accumulation bou...

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.