Abstract:
This note shows that a unique mixed Nash equilibrium obtains when there are three voters in Palfrey and Rosenthal's (1983) costly voting game under complete information. Experimental investigation of this result might be interesting.
More articles in Economics Bulletin from Economics Bulletin Address: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA Series data maintained by John Conley ().
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