Jorge Andrés Gallego () (Universidad Nacional de Colombia)
Abstract
This article shows that for a citizen with reciprocal preferences, voting can be a rational act. Even in elections with many voters, when the probability of being the pivotal voter is close to zero, the utility generated by strong reciprocal sentiments can compensate the material costs of voting. This paper offers a behavioral model with social preferences that represents the conditions that make voting more attractive than abstention. Using the dynamics of replication to explore the voting game evolution, it concludes that positive reciprocal sentiments promote voting for the candidate in power, while negative reciprocity promotes abstention or voting for a rival candidate.
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Volume (Year): 9 (2007) Issue (Month): 16 (January-June) Pages: 149-188 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Cabrales, Antonio, 2000.
"Stochastic Replicator Dynamics,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(2), pages 451-81, May.
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