AP Workshop – Thomas Schwartz

DateMay 16, 2016

Time12:30pm to 2:00pm

Location
4357 Bunche Hall

Contact

Abstract:Here is a full statement of the theory of political parties as long coalitions, ones organized and elected to stick together on most legislative votes. The incentive to form, join, and elect them comes from the external cost of majority voting, the cost to losers, but more fundamentally from the Paradox of Voting. I show that a majority-preference cycle among the outcomes of successive votes is sufficient for that incentive to be effective, and necessary too: without cycles there would be no parties.

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