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Pareto Optimality in Spatial Voting Models

Coughlin, P. J. and Palfrey, T. R. (1985) Pareto Optimality in Spatial Voting Models. Social Choice and Welfare, 1 (4). pp. 307-318. ISSN 0176-1714. http://resolver.caltech.edu/CaltechAUTHORS:20160303-104853421

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Abstract

This paper studies the Pareto optimality properties of policy proposals that are made by k (k≧2) strategic candidates that face uncertainty about the choices that the voters will make. Our first theorem shows that, under very general conditions, any proposal that is a best reply for a candidate is necessarily Pareto optimal. This theorem, in turn, implies that, under slightly stronger conditions, all candidate proposals that are made in a Nash equilibrium or sequentially are necessarily Pareto optimal. Our second theorem shows that, when these conditions are themselves slightly strengthened, any proposal outside of the Pareto set is strictly dominated by at least one proposal inside the Pareto set.


Item Type:Article
Related URLs:
URLURL TypeDescription
http://dx.doi.org/10.1007/BF00649266DOIArticle
http://link.springer.com/article/10.1007%2FBF00649266PublisherArticle
http://www.jstor.org/stable/41105791JSTORArticle
Additional Information:© 1985 Springer. Received June 16, 1984 / Accepted November 16, 1984. We would like to acknowledge helpful comments and suggestions provided by Otto Davis and Richard McKelvey.
Record Number:CaltechAUTHORS:20160303-104853421
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20160303-104853421
Official Citation:Coughlin, P. J., and T. R. Palfrey. 1985. “Pareto Optimality in Spatial Voting Models”. Social Choice and Welfare 1 (4). Springer: 307–19. http://www.jstor.org/stable/41105791.
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ID Code:65007
Collection:CaltechAUTHORS
Deposited By: Susan Vite
Deposited On:10 Mar 2016 23:53
Last Modified:10 Mar 2016 23:53

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