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Political information acquisition for social exchange

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  • ALDASHEV, Gani

Abstract

We model political information acquisition in large elections, where the probability of being piv- otal is negligible. Our model builds on the assumption that informed citizens enjoy discussing politics with other informed citizens. The resulting information acquisition game exhibits strate- gic complementarities. We find that information acquisition depends negatively on the social distance between citizens. Next, we build an application of the model to the distributive politics game. Equilibrium policies are biased towards regions/groups with lower social distance between citizens. Finally, we present evidence for the basic model's main prediction based on the data from the 2000 U.S. National Elections Study. Citizens with a shorter residence span (thus having a less developed local social network, i.e. facing a larger social distance) acquire significantly less political information than the otherwise similar long-term residents.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2006020.

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Date of creation: 00 Mar 2006
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Handle: RePEc:cor:louvco:2006020

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Related research

Keywords: information acquisition; social interactions; global games;

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References

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  1. Timothy Besley & Robin Burgess, 2000. "The Political Economy of Government Responsiveness: Theory and Evidence from India," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 28, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
  2. Frankel, David M. & Morris, Stephen & Pauzner, Ady, 2003. "Equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 1-44, January.
  3. David Strömberg, 2004. "Radio's Impact on Public Spending," The Quarterly Journal of Economics, MIT Press, vol. 119(1), pages 189-221, February.
  4. Alesina, Alberto F & La Ferrara, Eliana, 2000. "Who Trusts Others?," CEPR Discussion Papers 2646, C.E.P.R. Discussion Papers.
  5. Carlsson, H. & Damme, E.E.C. van, 1990. "Global games and equilibrium selection," Discussion Paper 1990-52, Tilburg University, Center for Economic Research.
  6. Timothy Besley & Anne Case, 2003. "Political Institutions and Policy Choices: Evidence from the United States," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 7-73, March.
  7. Valentino Larcinese, 2006. "Information acquisition, ideology and turnout: theory and evidence from Britain," LSE Research Online Documents on Economics 3606, London School of Economics and Political Science, LSE Library.
  8. Giulio Zanella, 2004. "Social Interactions and Economic Behavior," Department of Economics University of Siena 441, Department of Economics, University of Siena.
  9. Stephen Morris & Hyun Song Shin, 2000. "Global Games: Theory and Applications," Cowles Foundation Discussion Papers 1275, Cowles Foundation for Research in Economics, Yale University.
  10. Alberto Alesina & Eliana La Ferrara, 1999. "Participation in Heterogeneous Communities," NBER Working Papers 7155, National Bureau of Economic Research, Inc.
  11. Cesar Martinelli, 2002. "Would Rational Voters Acquire Costly Information?," Working Papers 0210, Centro de Investigacion Economica, ITAM.
  12. Strömberg, David, 2002. "Optimal Campaigning in Presidential Elections: The Probability of Being Florida," CEPR Discussion Papers 3372, C.E.P.R. Discussion Papers.
  13. Matthias Benz & Alois Stutzer:, . "Are Voters Better Informed When They Have a Larger Say in Politics? Evidence for the European Union and Switzerland," IEW - Working Papers 119, Institute for Empirical Research in Economics - University of Zurich.
  14. Matthew Gentzkow, 2006. "Television and Voter Turnout," The Quarterly Journal of Economics, MIT Press, vol. 121(3), pages 931-972, 08.
  15. La Ferrara, Eliana & Alesina, Alberto, 2000. "Participation in Heterogeneous Communities," Scholarly Articles 4551796, Harvard University Department of Economics.
  16. Matsusaka, John G, 1995. " Explaining Voter Turnout Patterns: An Information Theory," Public Choice, Springer, vol. 84(1-2), pages 91-117, July.
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Cited by:
  1. Bruns, Christian, 2013. "Elections and Market Provision of Information," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79857, Verein für Socialpolitik / German Economic Association.
  2. Mathieu Couttenier & Sophie Hatte, 2013. "Mass media effects on the production of information: Evidence from Non-Governmental Organization (NGO) Reports," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 13.01, Université de Lausanne, Faculté des HEC, DEEP.
  3. Valentino Larcinese, 2007. "Does political knowledge increase turnout? Evidence from the 1997 British general election," Public Choice, Springer, vol. 131(3), pages 387-411, June.

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