Abstention, ideology and information acquisition
AbstractWe consider an election in which each voter can collect information of different precision. Voters have asymmetric information and preferences that vary both in terms of ideology and intensity. In contrast to all other models of voting with endogenous information, in equilibrium voters collect information of different qualities. We show that information and abstention are not necessarily negatively correlated: some voters are more likely to abstain the more informed they are. We also discuss the manner in which incentives to acquire information are non-monotonic in terms of both ideology and the level of intensity.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Economic Theory.
Volume (Year): 148 (2013)
Issue (Month): 3 ()
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Web page: http://www.elsevier.com/locate/inca/622869
Abstention; Information acquisition; Heterogeneity;
Find related papers by JEL classification:
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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- Cesar Martinelli, 2011. "Ignorance and Naivete in Large Elections," Working Papers 1107, Centro de Investigacion Economica, ITAM.
- Santiago Oliveros & Felix Vardy, 2013. "Demand for Slant: How Abstention Shapes Voters’ Choice of News Media," Economics Discussion Papers 734, University of Essex, Department of Economics.
- Gianmarco León, 2013.
"Turnout, Political Preferences and Information: Experimental Evidence from Peru,"
691, Barcelona Graduate School of Economics.
- Gianmarco León, 2013. "Turnout, political preferences and information: Experimental evidence from Perú," Economics Working Papers 1364, Department of Economics and Business, Universitat Pompeu Fabra.
- Christian Bruns, 2013. "Elections and Market Provision of Information," CESifo Working Paper Series 4091, CESifo Group Munich.
- Jens Großer & Michael Seebauer, 2013. "The curse of uninformed voting: An experimental study," Working Paper Series in Economics 64, University of Cologne, Department of Economics.
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