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Penn, Elizabeth Maggie (2003-05-19) Cooperation and social choice: how foresight can induce fairness. http://resolver.caltech.edu/CaltechETD:etd-06022003-112100


Type of Document Dissertation
Author Penn, Elizabeth Maggie
Author's Email Address epenn AT hss.caltech.edu
URN etd-06022003-112100
Persistent URL http://resolver.caltech.edu/CaltechETD:etd-06022003-112100
Title Cooperation and social choice: how foresight can induce fairness
Degree PhD
Option Social Science
Advisory Committee
Advisor Name Title
Jonathan Katz Committee Co-Chair
Thomas Palfrey Committee Co-Chair
Kim Border Committee Member
Matthew Jackson Committee Member
R. Michael Alvarez Committee Member
Keywords
  • Markov voting model
  • dynamically stable equilibrium
  • continuing programs
Date of Defense 2003-05-19
Availability unrestricted
Abstract
I present three models of dynamic agenda formation and policy selection, and demonstrate that in each, outcomes emerge which are in keeping with those predicted by cooperative solution concepts such as the von Neumann-Morgenstern stable set and the core. These outcomes are a consequence of players ``thinking ahead,' or conditioning how they bargain on the notion that policies selected today should stand up to tomorrow's agenda. Players are induced into taking the payoffs of others into account when voting over and proposing policies, not because of a behavioral assumption such as altruism or inequality aversion, but because they know that the behavior of others in large part determines which policies are enacted in the future. In this sense, fairness is induced through the foresight of the players involved.
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