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evolution of confirmation bias can lead to more pandering before the first election. Finally, we show that when confirmation …This paper considers the implications of an important cognitive bias in information processing, confirmation bias, in a … political agency setting. In the baseline two-period case where only the politician's actions are observable before the election …
Persistent link: https://www.econbiz.de/10011286492
We develop a tractable theory to study the impact of biased media on election outcomes, voter turnout and welfare. News … rise in media bias affects the election outcome in a non-monotonic way, and reduces voter welfare by decreasing the … elections, the former determines the election outcome, whereas the latter drives voter turnout. With a single media outlet, a …
Persistent link: https://www.econbiz.de/10012030647
influence the election outcome by manipulating public information about a payoff relevant state. We allow for a wide class of …'s preference and voting rules. Finally, we apply our results to study the welfare impacts of media bias and competition and show …
Persistent link: https://www.econbiz.de/10013294584
in terms of how it allows publication of intermediate election results including turnout and candidates' vote shares … during an election day. Using a pivotal costly voting model of elections in which voters have privately observed preferences …
Persistent link: https://www.econbiz.de/10012221414
. Such an election might be a pure farce, with the incumbents getting close to 100% of the vote. In other instances … a fair election allows him to signal his popularity to the people. After casting their vote, heterogeneous citizens …
Persistent link: https://www.econbiz.de/10012937772
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with population uncertainty. We find that the modern...
Persistent link: https://www.econbiz.de/10012806603
In this paper we examine the impact of tax contracts as a novel institution on elections, policies, and welfare. We consider a political game in which three parties compete to form the government. Parties have policy preferences about the level of public-good provision and benefit from perks...
Persistent link: https://www.econbiz.de/10014199808
A well-known shortcoming of rational voter models is that the equilibrium probability that an individual votes converges to zero as the population of citizens tends to infinity. We show that this does not - as is often suggested - imply that equilibrium voter turnout is insignificant in the...
Persistent link: https://www.econbiz.de/10014065015
choice of an electorate from a set of individuals that communicate with each other via a social network before the election …
Persistent link: https://www.econbiz.de/10014146324
We demonstrate that a candidate competing in an asymmetric Tullock election contest may prefer that their rival … function of the competitiveness of the election …
Persistent link: https://www.econbiz.de/10014096877