experimental subjects are willing to pay a significant premium for the voting right even though there should be no such premium in … cannot explain the size of the observed voting premium. The premium disappears in treatments where voting has no material …

experimental subjects are willing to pay a significant premium for the voting right even though there should be no such premium in … cannot explain the size of the observed voting premium. The premium disappears in treatments where voting has no material … willing to pay for the right to vote even when the impact of their own vote on their payoffs is negligible. -- Voting ; dual …

interests or direct benefits from voting. The theoretical value of participating in the vote is therefore zero if subjects have … the vote and that they do so for instrumental reasons. The observed voting premium in the main treatment is high and can … model of instrumental voting, which assumes that individuals are overconfident and that they overestimate the errors of …

accumulation of public debt. We test our model in a laboratory experiment and confirm the central predictions. …

states of the world. We characterize the optimal anonymous and deterministic voting rule and provide a homogeneity assumption … on preferences and beliefs under which sincere voting is a Nash equilibrium for this rule. We also provide a necessary … and sufficient condition for sincere voting to be an equilibrium under any deterministic majoritarian voting rule. We show …

studies strategic voting when voters have pure common values but may be ambiguity averse -- exhibit Ellsberg-type behavior …

Utilitarian voting (UV) is defined in this paper as any voting rule that allows the voter to rank all of the … alternatives by means of the scores permitted under a given voting scale. Specific UV rules that have been proposed are approval … voting, allowing the scores 0, 1; range voting, allowing all numbers in an interval as scores; evaluative voting, allowing …

The paper elaborates the idea that voting is an instance of the aggregation of judgments, this being a more general … has been unproblematic whenever it has been based on an independent and unrestricted scale. The scales analyzed in voting … "paradoxes of voting" that would better be termed "voting pathologies". The theory leads me to advocate what I term evaluative …