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Adopting the group turnout model of Herrera and Mattozzi, J. Eur. Econ. Assoc. 2010, 8, 838-871, we investigate direct democracy with supermajority rule and different preference intensities for two sides of a referendum: Reform versus status quo. Two parties spend money and effort to mobilize...
Persistent link: https://www.econbiz.de/10012227770
We analyze a psychologically-based model of voter turnout in an election with common value and uncertainty. Our model yields distinctive comparative statics results. First, an increase in the proportion of informed citizens may cause the winning margin for the right candidate to either rise or...
Persistent link: https://www.econbiz.de/10010420713
We study a sender's optimal choice of precision when he selects from a class of random signals to persuade a receiver to accept his request, with higher costs associated with higher precision. The receiver observes both the precision and a random realization of the signal. We characterize...
Persistent link: https://www.econbiz.de/10012542451