Document Type
Discussion Paper
Publication Date
2-1-1977
CFDP Number
445
CFDP Pages
21
Abstract
In this paper we approach the concept of logrolling by examining a voting system where choices are made among sets of competing projects as a game in characteristic function form. We translate the question: “Will there be prices for votes on different projects which clear the market?” into a different, but equivalent question: “Is the formal game we have described a market game?” We show that in general the answer is no, unless all voters have virtually the same preferences.
Recommended Citation
Shubik, Martin and Van der Heyden, Ludo, "Logrolling and Budget Allocation Games" (1977). Cowles Foundation Discussion Papers. 677.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/677