A REEXAMINATION OF THE FIORINA-PLOTT AND EAVEY VOTING EXPERIMENTS - HOW MUCH DO CARDINAL PAYOFFS INFLUENCE OUTCOMES

Authors
Citation
E. Grelak et K. Koford, A REEXAMINATION OF THE FIORINA-PLOTT AND EAVEY VOTING EXPERIMENTS - HOW MUCH DO CARDINAL PAYOFFS INFLUENCE OUTCOMES, Journal of economic behavior & organization, 32(4), 1997, pp. 571-589
Citations number
20
Categorie Soggetti
Economics
ISSN journal
01672681
Volume
32
Issue
4
Year of publication
1997
Pages
571 - 589
Database
ISI
SICI code
0167-2681(1997)32:4<571:AROTFA>2.0.ZU;2-L
Abstract
In Fiorina and Plott's (1978) classic committee voting experiments, th e players' failure to choose the core is puzzling. Eavey (1991) ran th e same experiments with different payoffs to see if the outcomes would change. They did, contrary to a core equilibrium. This paper further examines the results using the individual and aggregate payoffs. We ex amine whether the players maximize aggregate dollar payoffs or coaliti on aggregate payoffs. They do not. However, the equilibrium moves in a direction consistent with the comparative statics of cardinal payoffs . Both core and cardinal payoffs seem to determine the results.