Title
Equilibrium existence for zero-sum games and spatial models of elections
Abstract
A theorem on existence of mixed strategy equilibria in discontinuous zero-sum games is proved and applied to three models of elections. First, the existence theorem yields a mixed strategy equilibrium in the multidimensional spatial model of elections with three voters. A nine-voter example shows that a key condition of the existence theorem is violated for general finite numbers of voters and illustrates an obstacle to a general result. Second, the theorem provides a simple and self-contained proof of Kramer's existence result for the multidimensional model with a continuum of voters [Kramer, G., 1978. Existence of electoral equilibrium. In: Ordeshook, P. (Ed.), Game Theory and Political Science. NYU Press, New York]. Third, existence follows for a class of multidimensional probabilistic voting models with discontinuous probability-of-winning functions.
Year
DOI
Venue
2007
10.1016/j.geb.2006.10.004
Games and Economic Behavior
Keywords
Field
DocType
C72,D72
Welfare economics,Existence theorem,Obstacle,Mathematical economics,Strategy,Voting,Multidimensional model,Game theory,Zero-sum game,Probabilistic logic,Mathematics
Journal
Volume
Issue
ISSN
60
1
0899-8256
Citations 
PageRank 
References 
6
1.09
1
Authors
1
Name
Order
Citations
PageRank
John Duggan1241145.72