Game-Theoretic Analysis of Renouncing Membership of a Party to Announce Candidacy

Wang, Jue-Shyan and Lin, Mei-Yin (2012) Game-Theoretic Analysis of Renouncing Membership of a Party to Announce Candidacy. Modern Economy, 03 (05). pp. 653-657. ISSN 2152-7245

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Abstract

A game model is established to analyze the interaction in strategy when there is a candidate who renounces membership of a party to run for a position. We use the Bayesian Nash equilibrium and sequential equilibrium to discuss two models in which the candidate without nominations moves first or the decision maker of the other party moves first respectively. The main finding is that the equilibrium strategy of the decision maker of the other party is identical when the opponent runs for a position, regardless of who moving first. However, the probability of the candidate without nomination to run for a position is larger when he moves first.

Item Type: Article
Subjects: OA Library Press > Multidisciplinary
Depositing User: Unnamed user with email support@oalibrarypress.com
Date Deposited: 04 Jul 2023 05:00
Last Modified: 17 May 2024 10:27
URI: http://archive.submissionwrite.com/id/eprint/1339

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