停止博弈中的简单集体均衡

Simple collective equilibria in stopping games

Journal of Mathematical Economics · 2021
被引 0
人大 A-ABS 3

中文导读

研究一类称为停止博弈的集体决策问题,其中玩家观察随机选出的备选方案并投票决定是否接受。当核心非空时存在纯策略子博弈完美均衡,但一般情形下可能不存在。本文提出两步简单集体均衡并证明其总是存在,从而保证纯策略子博弈完美均衡的存在性。

Abstract

At each moment in time, an alternative from a finite set is selected by a stochastic process. Players observe the selected alternative and sequentially cast a yes or a no vote. If the set of players casting a yes vote is decisive for the selected alternative, it is accepted and the game ends. Otherwise the next period begins. We refer to this class of problems as stopping games. Collective choice games, quitting games, and coalition formation games are particular examples. When the core of a stopping game is non-empty, a subgame perfect equilibrium in pure stationary strategies is shown to exist. But in general, even subgame perfect equilibria in mixed stationary strategies may not exist. We show that aggregate voting behavior can be summarized by a collective strategy. We insist on pure strategies, allow for simple forms of punishment, and provide a constructive proof to show that so-called two-step simple collective equilibria always exist. This implies the existence of a pure strategy subgame perfect equilibrium. We apply our approach to the case with three alternatives exhibiting a Condorcet cycle and to a model of redistributive politics.

停止博弈集体均衡纯策略子博弈完美均衡投票博弈