Information Transmission in Coalitional Voting Games
Roberto Serrano and
Rajiv Vohra
No 50, Economics Working Papers from Institute for Advanced Study, School of Social Science
Abstract:
A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete information environment to formalize a notion of resilience. Since information transmission is implicit in the Bayesian equilibria of such voting games, this approach makes it possible to derive core concepts in which the transmission of information among members of a coalition is endogenous. Our results lend support to the credible core of Dutta and Vohra (2003) and the core proposed by Myerson (2003) as two that can be justified in terms of coalitional voting.
Keywords: Core; Incomplete Information; Coalitional Voting; Resilience; Mediation (search for similar items in EconPapers)
JEL-codes: C71 C72 D51 D82 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2005-01
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-pol
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Related works:
Journal Article: Information transmission in coalitional voting games (2007)
Working Paper: Information Transmission in Coalitional Voting Games (2005)
Working Paper: Information transmission in coalitional voting games (2005)
Working Paper: Information Transmission in Coalitional Voting Games (2004)
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