Endogenous Parties, Interaction of Different Decision Rules
Endogenous Parties, Interaction of Different Decision Rules
This chapter attempts to develop more realistic and interesting models in which the set of competing parties is a completely endogenous output of the process of party competition. It also seeks to model party competition when different party leaders use different decision rules in the same setting by building on an approach pioneered in a different context by Robert Axelrod. This involves long-running computer “tournaments” that allow investigation of the performance and “robustness” of decision rules in an environment where any politician using any rule may encounter an opponent using either the same decision rule or some quite different rule. The chapter is most interested in how a decision rule performs against anything the competitive environment might throw against it, including agents using decision rules that are difficult to anticipate and/or comprehend.
Keywords: multiparty competition, political parties, party competition, Robert Axelrod, decisions rules
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