Shepsle, K. (1979), Institutional Arrangements and Equilibrium in Multidimensional Voting Models
Revision as of 14:29, 14 May 2012 by imported>Moshe
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Paper's Motivation
McKelvey's Chaos Thm: In a multidimensional spacial settings, unless points are distributed in a rare way (like radially symmetric), there is no Condorcet winner, and whoever controls the order of voting can make any point the final outcome.
In response, the author considers voting on one 'attribute' or dimension at a time.
Model
Consider a two-dimensional case. Any policy z_{i} is characterized by coordinates (x_i, y_i).
Result
In first stage we vote on x_{i}. and obtain policy equal to median voters bliss point x_m. In second stage we vote on y_i and obtain policy equal to median voters bliss point y_m, so we obtain unique outcome z=(x_m, y_m)
