Number: Math 34/91
Author(s): PETERSEN, Ivar.
Title: Equilibria in noncooperative competition of political parties having a common rate of morality. 22 p.
Language: English
Keywords: Noncooperative voting games; political equilibrium; spatial location;
uniform univariate distribution.
ABSTRACT. There are two natural criteria a model-builder would like to
prescribe to political parties in policy-making: either to maximize the
mass of its supporters, or to minimize the dissatisfaction of its
supporters with the policy of the party. In this paper the noncooperative
equilibria of such political systems is studied, where the parties follow
a convex combination of both of these criteria. The distribution of
voters' political views is taken to be univariate, either uniform, or
logarithmically concave. Numerical results are presented for normal
distribution.