Leibenstein's bandwagon effect as applied to voting
This paper has attempted to demonstrate how the bandwagon effect would alter the benefit-cost decision inherent in voting. It was shown that, other things held constant, the existence of a bandwagon would lead to a situation where the favored candidate receives an increased number of votes at each cost. However, it was also noted that when all things are considered, it is most difficult to predict the overall effect of the announcement of a runaway election due to the simultaneous effect of rational abstention. Copyright Center for Study of Public Choice Virginia Polytechnic Institute and State University 1975
Year of publication: |
1975
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Authors: | Zech, Charles |
Published in: |
Public Choice. - Springer. - Vol. 21.1975, 1, p. 117-122
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Publisher: |
Springer |
Saved in:
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