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Sincere voting in large elections

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  • Acharya, Avidit
  • Meirowitz, Adam

Abstract

Austen-Smith and Banks (1996) showed that sincere/informative voting is not typically an equilibrium of the Condorcet voting model when the size of the electorate is large. Here, we reverse their finding by adding a third type of voter—one that receives no information in favor of either of the alternatives—as well as global uncertainty about the probability that each voter is such a “no evidence type.” The expected number of no evidence type voters can be arbitrarily small; nevertheless, if the electorate is large enough, then each of the two standard Condorcet types votes sincerely in every nondegenerate type-symmetric equilibrium.

Suggested Citation

  • Acharya, Avidit & Meirowitz, Adam, 2017. "Sincere voting in large elections," Games and Economic Behavior, Elsevier, vol. 101(C), pages 121-131.
    • Handle: RePEc:eee:gamebe:v:101:y:2017:i:c:p:121-131
    DOI: 10.1016/j.geb.2016.03.010
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    References listed on IDEAS

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    1. Hamlin, Alan & Jennings, Colin, 2011. "Expressive Political Behaviour: Foundations, Scope and Implications," British Journal of Political Science, Cambridge University Press, vol. 41(3), pages 645-670, July.
    2. Mandler, Michael, 2012. "The fragility of information aggregation in large elections," Games and Economic Behavior, Elsevier, vol. 74(1), pages 257-268.
    3. Emir Kamenica & Louisa Egan Brad, 2014. "Voters, dictators, and peons: expressive voting and pivotality," Public Choice, Springer, vol. 159(1), pages 159-176, April.
    4. Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996. "The Swing Voter's Curse," American Economic Review, American Economic Association, vol. 86(3), pages 408-424, June.
    5. Austen-Smith, David & Banks, Jeffrey S., 1996. "Information Aggregation, Rationality, and the Condorcet Jury Theorem," American Political Science Review, Cambridge University Press, vol. 90(1), pages 34-45, March.
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    Cited by:

    1. Núñez, Matías & Pivato, Marcus, 2019. "Truth-revealing voting rules for large populations," Games and Economic Behavior, Elsevier, vol. 113(C), pages 285-305.
    2. Carl Heese & Stephan Lauermann, 2021. "Persuasion and Information Aggregation in Elections," ECONtribute Discussion Papers Series 112, University of Bonn and University of Cologne, Germany.
    3. Meirowitz, Adam & Pi, Shaoting, 2022. "Voting and trading: The shareholder’s dilemma," Journal of Financial Economics, Elsevier, vol. 146(3), pages 1073-1096.
    4. Prato, Carlo & Wolton, Stephane, 2017. "Wisdom of the Crowd? Information Aggregation and Electoral Incentives," MPRA Paper 82753, University Library of Munich, Germany.

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    More about this item

    Keywords

    Informative voting; Sincere voting; Strategic voting;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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