Kamada, Yuichiro; Kojima, Fuhito - In: Games and Economic Behavior 80 (2013) C, pp. 179-185
In costly voting models, voters abstain when a stochastic cost of voting exceeds the benefit from voting. In probabilistic voting models, they always vote for a candidate who generates the highest utility, which is subject to random shocks. We prove an equivalence result: In two-candidate...