Suchergebnisse

In this paper problems of social choice in general, and political choice in particular, are considered in light of uncertainty. The space of social alternatives in this formulation includes not only pure social states, but lotteries or probability distributions over those states as well. In the context of candidate strategy selection in a spatial model of political choice, candidate strategy sets are represented by pure strategies—points in the space of alternatives—and ambiguous strategies—lotteries over those points. Questions about optimal strategy choice and the equilibrium properties of these choices are then entertained. Duncan Black's theorem about the dominance of the median preference is generalized, and further contingencies in which the theorem is false are specified. The substantive foci of these results are: (1) the conditions in which seekers of political office will rationally choose to appear equivocal in their policy intentions; and (2) the role of institutional structure in defining equilibrium.