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Is vote-selling desirable?

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  • Jeffrey Weiss

Abstract

We first show that, in general, a majority-voting game with vote-selling will not have any equilibria. We then evaluate the desirability of vote-selling, using a rudimentary ‘theory of blocking trajectories.’ Copyright Kluwer Academic Publishers 1988

Suggested Citation

  • Jeffrey Weiss, 1988. "Is vote-selling desirable?," Public Choice, Springer, vol. 59(2), pages 177-194, November.
  • Handle: RePEc:kap:pubcho:v:59:y:1988:i:2:p:177-194
    DOI: 10.1007/BF00054453
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    References listed on IDEAS

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    1. Tobin, James, 1970. "On Limiting the Domain of Inequality," Journal of Law and Economics, University of Chicago Press, vol. 13(2), pages 263-277, October.
    2. Feldman, Allan M, 1974. "Recontracting Stability," Econometrica, Econometric Society, vol. 42(1), pages 35-44, January.
    3. Peter Bernholz, 1973. "Logrolling, arrow paradox and cyclical majorities," Public Choice, Springer, vol. 15(1), pages 87-95, June.
    4. repec:bla:scandj:v:81:y:1979:i:2:p:216-26 is not listed on IDEAS
    5. Green, Jerry R, 1974. "The Stability of Edgeworth's Recontracting Process," Econometrica, Econometric Society, vol. 42(1), pages 21-34, January.
    6. Norman Schofield, 1983. "Generic Instability of Majority Rule," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(4), pages 695-705.
    7. Stiglitz, J. E., 1974. "The demand for education in public and private school systems," Journal of Public Economics, Elsevier, vol. 3(4), pages 349-385, November.
    8. McKelvey, Richard D, 1979. "General Conditions for Global Intransitivities in Formal Voting Models," Econometrica, Econometric Society, vol. 47(5), pages 1085-1112, September.
    9. Cohen, Linda, 1979. "Cyclic sets in multidimensional voting models," Journal of Economic Theory, Elsevier, vol. 20(1), pages 1-12, February.
    10. Slutsky, Steven, 1977. "A voting model for the allocation of public goods: Existence of an equilibrium," Journal of Economic Theory, Elsevier, vol. 14(2), pages 299-325, April.
    11. Gerald H. Kramer & Alvin K. Klevorick, 1974. "Existence of a "Local" Co-operative Equilibrium in a Class of Voting Games," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(4), pages 539-547.
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    Cited by:

    1. Paul Collier & Pedro Vicente, 2012. "Violence, bribery, and fraud: the political economy of elections in Sub-Saharan Africa," Public Choice, Springer, vol. 153(1), pages 117-147, October.
    2. Casella, Alessandra & Turban, Sébastien, 2014. "Democracy undone. Systematic minority advantage in competitive vote markets," Games and Economic Behavior, Elsevier, vol. 88(C), pages 47-70.
    3. Alessandra Casella & Aniol Llorente-Saguer & Thomas R. Palfrey, 2012. "Competitive Equilibrium in Markets for Votes," Journal of Political Economy, University of Chicago Press, vol. 120(4), pages 593-658.
    4. Mehmet Bac & Parimal Kanti Bag, 2002. "Committee Decisions with Partisans and Side-Transfers," Theory and Decision, Springer, vol. 52(3), pages 267-286, May.
    5. Casella, Alessandra & Palfrey, Thomas & Turban, Sébastien, 2014. "Vote trading with and without party leaders," Journal of Public Economics, Elsevier, vol. 112(C), pages 115-128.

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