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Persistent link: https://www.econbiz.de/10005015360
Voter participation is immense but theoretically doubtful because there exists cost of voting and the probability of casting the deciding ballot is low. Game theoretic models (T. R. Palfrey and H. Rosenthal, 1985) confirm this paradox of voting. Individual optimization in the voting game is...
Persistent link: https://www.econbiz.de/10005674794