Mixed equilibria in runoff elections

B-Tier
Journal: Games and Economic Behavior
Year: 2014
Volume: 87
Issue: C
Pages: 619-623

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We demonstrate that the Hotelling–Downs model with runoff voting always admits symmetric mixed strategy equilibria for any (even or odd) number of office-motivated candidates (provided they are at least four). In specific, (a) we show that the game does not admit any symmetric atomless equilibrium, (b) we fully characterize a class of symmetric atomic mixed equilibria which exist for any distribution of the voters' ideal policies and (c) we argue that these equilibria are more robust than pure strategy equilibria to introduction of uncertainty about the voters' preferences.

Technical Details

RePEc Handle
repec:eee:gamebe:v:87:y:2014:i:c:p:619-623
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29