Hotelling-Downs Equilibria: Moving Beyond Plurality Variants

Karpov, Alexander; Lev, Omer; Obraztsova, Svetlana

doi:10.1007/978-3-031-07996-2_1

Cited by 3 publications

(3 citation statements)

References 26 publications

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“…Customers located along the linear market, forced to travel if they want to buy the products on offer, are the only ones who bear the transport costs. The location is an exogenous parameter for the companies, so price is their only decision variable [14]. The fact that the Hotelling's model has laid the foundations for this issue also proves its applicability in other areas, such as political science.…”

Section: Models Of Spatial Competitionmentioning

confidence: 98%

“…The fact that the Hotelling's model has laid the foundations for this issue also proves its applicability in other areas, such as political science. Use of its extension, Hotelling-Downs model, used for analysis of political competition and strategies is presented for example in [14] or [15]. Other extension, Hotelling-Smithies game (Hotelling game with elastic demand) is used in [16] to analyze correctness of game solution in case of games with variable location and fixed or variable price.…”

Section: Models Of Spatial Competitionmentioning

confidence: 99%

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Duopoly Pricing Strategy in Spatial Competition Using Constant - sum Games

Holzerova¹,

Čičková²

2022

TEM Journal

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Spatial games focused on imperfect competition are specific area of game theory dealing with behavior of market competitors. This article focuses on the formulation and solution of specific oneround spatial constant-sum game of two players deciding on the location of their branches with aim to attract customers and maximize revenues. The space is characterized by graph, in which nodes represent location of customers and possible place of service. The main goal is to present issue of determining product price of one player, based on predetermined price of his opponent. This determination takes place simultaneously with the location selection of both players.

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Section: Models Of Spatial Competitionmentioning

confidence: 98%

Section: Models Of Spatial Competitionmentioning

confidence: 99%

Duopoly Pricing Strategy in Spatial Competition Using Constant - sum Games

Holzerova¹,

Čičková²

2022

TEM Journal

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“…Borodin et al (2019) showed that adding such an election stage can, at worse, increase the distortion 4 of an election by O(1), but it can reduce it by O(n) (n being the number of voters), when parties are separable in an ideological space (i.e., each party occupies some nonoverlapping part of the ideological space). A few papers have begun approaching the strategic aspects induced by this model (Karpov, Lev, and Obraztsova 2022;Harrenstein et al 2021).…”

Section: Parties: the Work So Farmentioning

confidence: 99%

Towards a More Burkean Approach to Computational Social Choice

Lev

2024

AAAI

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In the last few years, a lot of the activity of the computational social choice community has focused on novel mechanisms for reaching decisions by large groups of people. While this research makes meaningful scientific contributions, many of these mechanisms are not quite useful in realistic decision-making settings. Moreover, their radicalism ignores the centuries-old experience we have with large-scale human decision-making, and what it teaches us about what works. We believe it is important the community engage with mechanisms which are widely-used in the real world, as they may hold a key to a deeper understanding of how people reach decisions and the way that helps them do that productively. Moreover, letting the community bring its analysis and understanding to these will allow for algorithmic suggestions that have some chance of being implemented (and, thus, can contribute to the public debate on these topics). In particular, we highlight the relatively less-investigated role of parties and grouping of voters and candidates, and the role of executive capacity in analyzing decision-making structures.

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