Ideology and existence of 50%-majority equilibria in multidimensional spatial voting models
Hervé Crès and
Utku Unver
Microeconomics from University Library of Munich, Germany
Abstract:
When aggregating individual preferences through the majority rule in an n-dimensional spatial voting model, the `worst-case' scenario is a social choice configuration where no political equilibrium exists unless a super majority rate as high as 1-1/n is adopted. In this paper we assume that a lower d-dimensional (d smaller than n) linear map spans the possible candidates' platforms. These d `ideological' dimensions imply some linkages between the n political issues. We randomize over these linkages and show that there almost surely exists a 50%-majority equilibria in the above worst-case scenario, when n grows to infinity. Moreover the equilibrium is the mean voter. The speed of convergence (toward 50%) of the super majority rate guaranteeing existence of equilibrium is computed for d=1 and 2.
JEL-codes: D1 D2 D3 D4 (search for similar items in EconPapers)
Date: 2005-06-21
New Economics Papers: this item is included in nep-dcm and nep-pol
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https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0506/0506007.pdf (application/pdf)
Related works:
Journal Article: Ideology and Existence of 50%-Majority Equilibria in Multidimensional Spatial Voting Models (2010) 
Working Paper: Ideology and existence of 50% majority equilibria in Multidimensional spatial voting Models (2010) 
Working Paper: Ideology and existence of 50% majority equilibria in Multidimensional spatial voting Models (2010) 
Working Paper: Ideology and Existence of 50%-Majority Equilibria in Multidimensional Spatial Voting Models (2008) 
Working Paper: Ideology and existence of 50%-majority equilibria in multidimensional spatial voting models (2006) 
Working Paper: Ideology and existence of 50%-majority equilibria in multidimensional spatial voting models (2005)
Working Paper: Ideology and existence of 50%: Majority equilibria in multidimensional spatial voting models (2005) 
Working Paper: Ideology and existence of 50%: Majority equilibria in multidimensional spatial voting models (2005) 
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmi:0506007
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