Browsing Τμήμα Οικονομικών / Department of Economics by Subject "Mixed strategies"
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Article
Candidate quality in a Downsian model with a continuous policy space
(2012)This paper characterizes a unique mixed strategy Nash equilibrium in a one-dimensional Downsian model of two-candidate elections with a continuous policy space, where candidates are office motivated and one candidate enjoys ...
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Article
Equilibria in unidirectional spatial models
(2013)This paper (a) characterizes the unique Nash equilibrium of the unidirectional Hotelling-Downs game in which firms maximize their market shares, for any distribution of the consumers, and (b) analyzes equilibrium behavior ...
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Article
Mixed equilibria in runoffelections
(2014)We demonstrate that the Hotelling-Downs model with runoffvoting always admits symmetric mixed strategy equilibria for any (even or odd) number of office-motivated candidates (provided they are at least four). In specific, ...
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Article
Mixed strategy equilibrium in a Downsian model with a favored candidate: A comment
(2012)This note complements Aragonès and Palfrey (2002) [2] by providing upper and lower bounds of the equilibrium payoff of the advantaged (disadvantaged) candidate for any symmetric distribution of the median voter's ideal ...