Accession Number:

AD0648528

Title:

A NOTE ON STABILITY OF OUTCOMES WITH VOTE TRADING,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

• Park,R. E.

Report Date:

1967-03-01

Pagination or Media Count:

9.0

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