Nash Equilibria in Median Voter Theorem for More Than 2 Candidates
Clash Royale CLAN TAG#URR8PPP
up vote
1
down vote
favorite
Suppose there are two political candidates, each trying to receive as many votes as possible. There are 10 political positions they could choose, from #1 to #10. The voters are evenly distributed across these 10; 10% at #1, 10% at #2, and so on. The candidates must simultaneously, independently choose a position, and the voters will vote for the candidate whose position is closest to their own (if there is a tie, the votes will split evenly).
The median voter theorem says that the candidates should choose the median, i.e. #5 or #6. This is fairly easy to demonstrate with the game theory technique of deleting dominated strategies. #1 is always worse than #2, and can be eliminated. If #1 is never chosen, then #2 is always worse than #3, and can be eliminated. Then #3 is always worse than #4, and so on - the outermost positions are eliminated until only #5 and #6 remain.
So much for two candidates. What happens with three? #1 and #10 are weakly dominated, but that is the only simple conclusion. There are 10^3 = 1000 possible outcomes (although the first half and the second half are symmetric), and I'm not sure how to make this problem manageable. Out of desperation I once entered all 1000 outcomes into Gambit and got an equilibrium which does work. It suggests there might be a way to eliminate #1, #2, #9 and #10. But it is asymmetric; since it is a symmetric game, shouldn't there be a symmetric equilibrium? How can it be identified?
Gambit Equilibrium:
First candidate
Choose 5: 56.58%
Choose 7: 43.28%
Choose 6: 0.14%
Second candidate
Choose 6: 41.00%
Choose 3: 22.19%
Choose 4: 19.65%
Choose 8: 17.15%
Third candidate
Choose 7: 40.49%
Choose 4: 35.40%
Choose 5: 16.04%
Choose 3: 8.07%
Payoffs (average percentage of votes)
First candidate: 34.19
Second candidate: 33.37
Third candidate: 32.43
game-theory nash-equilibrium
add a comment |Â
up vote
1
down vote
favorite
Suppose there are two political candidates, each trying to receive as many votes as possible. There are 10 political positions they could choose, from #1 to #10. The voters are evenly distributed across these 10; 10% at #1, 10% at #2, and so on. The candidates must simultaneously, independently choose a position, and the voters will vote for the candidate whose position is closest to their own (if there is a tie, the votes will split evenly).
The median voter theorem says that the candidates should choose the median, i.e. #5 or #6. This is fairly easy to demonstrate with the game theory technique of deleting dominated strategies. #1 is always worse than #2, and can be eliminated. If #1 is never chosen, then #2 is always worse than #3, and can be eliminated. Then #3 is always worse than #4, and so on - the outermost positions are eliminated until only #5 and #6 remain.
So much for two candidates. What happens with three? #1 and #10 are weakly dominated, but that is the only simple conclusion. There are 10^3 = 1000 possible outcomes (although the first half and the second half are symmetric), and I'm not sure how to make this problem manageable. Out of desperation I once entered all 1000 outcomes into Gambit and got an equilibrium which does work. It suggests there might be a way to eliminate #1, #2, #9 and #10. But it is asymmetric; since it is a symmetric game, shouldn't there be a symmetric equilibrium? How can it be identified?
Gambit Equilibrium:
First candidate
Choose 5: 56.58%
Choose 7: 43.28%
Choose 6: 0.14%
Second candidate
Choose 6: 41.00%
Choose 3: 22.19%
Choose 4: 19.65%
Choose 8: 17.15%
Third candidate
Choose 7: 40.49%
Choose 4: 35.40%
Choose 5: 16.04%
Choose 3: 8.07%
Payoffs (average percentage of votes)
First candidate: 34.19
Second candidate: 33.37
Third candidate: 32.43
game-theory nash-equilibrium
add a comment |Â
up vote
1
down vote
favorite
up vote
1
down vote
favorite
Suppose there are two political candidates, each trying to receive as many votes as possible. There are 10 political positions they could choose, from #1 to #10. The voters are evenly distributed across these 10; 10% at #1, 10% at #2, and so on. The candidates must simultaneously, independently choose a position, and the voters will vote for the candidate whose position is closest to their own (if there is a tie, the votes will split evenly).
The median voter theorem says that the candidates should choose the median, i.e. #5 or #6. This is fairly easy to demonstrate with the game theory technique of deleting dominated strategies. #1 is always worse than #2, and can be eliminated. If #1 is never chosen, then #2 is always worse than #3, and can be eliminated. Then #3 is always worse than #4, and so on - the outermost positions are eliminated until only #5 and #6 remain.
So much for two candidates. What happens with three? #1 and #10 are weakly dominated, but that is the only simple conclusion. There are 10^3 = 1000 possible outcomes (although the first half and the second half are symmetric), and I'm not sure how to make this problem manageable. Out of desperation I once entered all 1000 outcomes into Gambit and got an equilibrium which does work. It suggests there might be a way to eliminate #1, #2, #9 and #10. But it is asymmetric; since it is a symmetric game, shouldn't there be a symmetric equilibrium? How can it be identified?
Gambit Equilibrium:
First candidate
Choose 5: 56.58%
Choose 7: 43.28%
Choose 6: 0.14%
Second candidate
Choose 6: 41.00%
Choose 3: 22.19%
Choose 4: 19.65%
Choose 8: 17.15%
Third candidate
Choose 7: 40.49%
Choose 4: 35.40%
Choose 5: 16.04%
Choose 3: 8.07%
Payoffs (average percentage of votes)
First candidate: 34.19
Second candidate: 33.37
Third candidate: 32.43
game-theory nash-equilibrium
Suppose there are two political candidates, each trying to receive as many votes as possible. There are 10 political positions they could choose, from #1 to #10. The voters are evenly distributed across these 10; 10% at #1, 10% at #2, and so on. The candidates must simultaneously, independently choose a position, and the voters will vote for the candidate whose position is closest to their own (if there is a tie, the votes will split evenly).
The median voter theorem says that the candidates should choose the median, i.e. #5 or #6. This is fairly easy to demonstrate with the game theory technique of deleting dominated strategies. #1 is always worse than #2, and can be eliminated. If #1 is never chosen, then #2 is always worse than #3, and can be eliminated. Then #3 is always worse than #4, and so on - the outermost positions are eliminated until only #5 and #6 remain.
So much for two candidates. What happens with three? #1 and #10 are weakly dominated, but that is the only simple conclusion. There are 10^3 = 1000 possible outcomes (although the first half and the second half are symmetric), and I'm not sure how to make this problem manageable. Out of desperation I once entered all 1000 outcomes into Gambit and got an equilibrium which does work. It suggests there might be a way to eliminate #1, #2, #9 and #10. But it is asymmetric; since it is a symmetric game, shouldn't there be a symmetric equilibrium? How can it be identified?
Gambit Equilibrium:
First candidate
Choose 5: 56.58%
Choose 7: 43.28%
Choose 6: 0.14%
Second candidate
Choose 6: 41.00%
Choose 3: 22.19%
Choose 4: 19.65%
Choose 8: 17.15%
Third candidate
Choose 7: 40.49%
Choose 4: 35.40%
Choose 5: 16.04%
Choose 3: 8.07%
Payoffs (average percentage of votes)
First candidate: 34.19
Second candidate: 33.37
Third candidate: 32.43
game-theory nash-equilibrium
asked Jul 30 at 14:02


Josh P
62
62
add a comment |Â
add a comment |Â
active
oldest
votes
active
oldest
votes
active
oldest
votes
active
oldest
votes
active
oldest
votes
Sign up or log in
StackExchange.ready(function ()
StackExchange.helpers.onClickDraftSave('#login-link');
);
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
StackExchange.ready(
function ()
StackExchange.openid.initPostLogin('.new-post-login', 'https%3a%2f%2fmath.stackexchange.com%2fquestions%2f2867054%2fnash-equilibria-in-median-voter-theorem-for-more-than-2-candidates%23new-answer', 'question_page');
);
Post as a guest
Sign up or log in
StackExchange.ready(function ()
StackExchange.helpers.onClickDraftSave('#login-link');
);
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Sign up or log in
StackExchange.ready(function ()
StackExchange.helpers.onClickDraftSave('#login-link');
);
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Sign up or log in
StackExchange.ready(function ()
StackExchange.helpers.onClickDraftSave('#login-link');
);
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Sign up using Google
Sign up using Facebook
Sign up using Email and Password