Voting and Game Theory
That word coalition might elicit thoughts of voting. You may not have anticipated the topic of voting in a game theory book, but there are a number of fascinating aspects that certainly do belong here (and are explored more fully in Chapter 13).
First, why is voting a cooperative enterprise? The answer only requires us to think about what it means to make decisions in a democracy. It is through voting that the citizens come together and cooperate in the most elemental way: to jointly elect their representatives and leaders.
What about strategic behavior? We don’t have to look too far to see how it can turn up. First, let’s consider the two-party system that is, essentially, what exists in the United States. In most presidential ...