Articles producció científica> Economia

The Unanimity Rule under a Two-Agent Fixed Sequential Order Voting

  • Identification data

    Identifier: imarina:9289110
    Authors:
    Bánnikova, MarinaGiménez-Gómez, José-Manuel
    Abstract:
    This paper studies how the cost of delay and voting order affect agents’ decisions in a unanimity voting mechanism. Specifically, we consider two-voter conclaves with commonly known preferences over two alternatives, the cost of delay, and the following novelty: each voter has a subjective deadline—a moment in time when he/she prefers immediate agreement on any alternative, rather than future agreement on his/her most-preferred alternative. Our key finding shows that patience is not necessarily a main attribute of strategic advantage. When the first voter is the same at every stage, this voter will obtain his/her preferred alternative, even if he/she is the least patient one. However, this first movement advantage disappears when agents alternate as the first voter of each stage: in this case, the most patient voter always wins.
  • Others:

    Author, as appears in the article.: Bánnikova, Marina; Giménez-Gómez, José-Manuel;
    Department: Economia
    URV's Author/s: Giménez Gómez, José Manuel
    Abstract: This paper studies how the cost of delay and voting order affect agents’ decisions in a unanimity voting mechanism. Specifically, we consider two-voter conclaves with commonly known preferences over two alternatives, the cost of delay, and the following novelty: each voter has a subjective deadline—a moment in time when he/she prefers immediate agreement on any alternative, rather than future agreement on his/her most-preferred alternative. Our key finding shows that patience is not necessarily a main attribute of strategic advantage. When the first voter is the same at every stage, this voter will obtain his/her preferred alternative, even if he/she is the least patient one. However, this first movement advantage disappears when agents alternate as the first voter of each stage: in this case, the most patient voter always wins.
    Thematic Areas: Statistics, probability and uncertainty Statistics and probability Social sciences, mathematical methods Mathematics, interdisciplinary applications Economics Ciencias sociales Applied mathematics
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: josemanuel.gimenez@urv.cat
    Author identifier: 0000-0003-0202-4623
    Record's date: 2024-09-07
    Papper version: info:eu-repo/semantics/publishedVersion
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Papper original source: Games. 13 (6): 77-
    APA: Bánnikova, Marina; Giménez-Gómez, José-Manuel; (2022). The Unanimity Rule under a Two-Agent Fixed Sequential Order Voting. Games, 13(6), 77-. DOI: 10.3390/g13060077
    Article's DOI: 10.3390/g13060077
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2022
    Publication Type: Journal Publications
  • Keywords:

    Applied Mathematics,Economics,Mathematics, Interdisciplinary Applications,Social Sciences, Mathematical Methods,Statistics and Probability,Statistics, Probability and Uncertainty
    Statistics, probability and uncertainty
    Statistics and probability
    Social sciences, mathematical methods
    Mathematics, interdisciplinary applications
    Economics
    Ciencias sociales
    Applied mathematics
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