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Economists usually think that rational voters have little incentives to acquire costly information. We present a theoretical model to show that, in contrast to this widely held belief, rational voters acquire considerable amounts of information if media technology is available because then they...
Persistent link: https://www.econbiz.de/10010291504
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10010299751
Many political commentators diagnose an increasing polarization of the U.S. electorate into two opposing camps. However, in standard spatial voting models, changes in the political preference distribution are irrelevant as long as the position of the median voter does not change. We show that...
Persistent link: https://www.econbiz.de/10010263978
does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively …
Persistent link: https://www.econbiz.de/10010280806
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10003894591
does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively …
Persistent link: https://www.econbiz.de/10009489028
I investigate the causal effect of access to relevant local television on i) U.S. citizens' knowledge of their senators' actions in the Senate and ii) whether citizens hold their senators accountable for these actions. To do so, I utilize the mismatch between the local television markets and the...
Persistent link: https://www.econbiz.de/10011346128
the technology to produce information. -- elections ; information ; media …
Persistent link: https://www.econbiz.de/10009691620
does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively …
Persistent link: https://www.econbiz.de/10010357537
Persistent link: https://www.econbiz.de/10010360793