Accession Number : AD0648528

Title :   A NOTE ON STABILITY OF OUTCOMES WITH VOTE TRADING,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Park,R. E.

Report Date : MAR 1967

Pagination or Media Count : 9

Abstract : The author claims that no stable outcome ordinarily exists with vote trading. This is a statement with empirical content that can be refuted only by examination of payoff matrices that 'ordinarily' characterize vote trading situations. Theorem 3 states a condition under which no stable outcome exists, and his claim is based upon the feeling that this condition is often fulfilled. He states that if there is a stable outcome with vote trading, it must be exactly the same as the outcome without vote trading. The proof of Theorem 2 substantiates the statement, given the assumptions. (Author)

Descriptors :   (*POLITICAL SCIENCE, MATHEMATICAL ANALYSIS), STABILITY, PROBABILITY, DECISION MAKING, BARGAINING, THEOREMS

Subject Categories : Government and Political Science

Distribution Statement : APPROVED FOR PUBLIC RELEASE