Noncooperative foundations of stable sets in voting games
نویسنده
چکیده
This note investigates the noncooperative foundations of von Neumann-Morgenstern (vN-M) stable sets in voting games. To do so, we study subgame perfect equilibria of a noncooperative legislative bargaining game, based on underlying simple games. The following results emerge from such an exercise: Every stable set of the underlying simple game is the limit set of undominated pure-strategy Markov perfect equilibria, and of strategically stable sets of undominated subgame perfect equilibria of the bargaining game with farsighted voters.
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ورودعنوان ژورنال:
- Games and Economic Behavior
دوره 70 شماره
صفحات -
تاریخ انتشار 2010