Special Section: Experiments on Learning, Methods, and Voting
We present and experimentally test a theoretical model of majority threshold determination as a function of voters’ risk preferences. The experimental results confirm the theoretical prediction of a positive correlation between the voter's risk aversion and the corresponding preferred majority threshold. Furthermore, the experimental results show that a voter's preferred majority threshold negatively relates to the voter's confidence about how others will vote. Moreover, in a treatment in which individuals receive a private signal about others’ voting behaviour, the confidence-related motivation of behaviour loses ground to the signal's strength.
Year of publication: |
2014
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Authors: | Attanasi, Giuseppe ; Corazzini, Luca ; Georgantzís, Nikolaos ; Passarelli, Francesco |
Published in: |
Pacific Economic Review. - Wiley Blackwell. - Vol. 19.2014, 3, p. 355-386
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Publisher: |
Wiley Blackwell |
Saved in:
Online Resource
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