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Who abstains in equilibrium?

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Author Info
Oliveros, Santiago

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Abstract

We study abstention when each voter selects the quality of information. We introduce conflict among committee members using two dimensions of heterogeneity: ideology (relative ratio of utilities) and concern or intensity (absolute level of utility). Our main result is that information and abstention need not be negatively correlated and, for some particular voters, it is actually positively correlated. In equilibrium voters collect information of different qualities and there are informed voters that abstain. There are no other models with heterogeneously informed voters when information is endogenous. The existence of an equilibrium in which voters collect information of different quality does not follow from a straightforward application of fixed point arguments. Instead of looking for a fixed point in the (infinite) space of best response functions, we construct a transformation with domain in a suitable finite-dimensional space reducing the problem to a traditional application of Brouwer's fixed point theorem.

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File URL: http://mpra.ub.uni-muenchen.de/7728/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 7728.

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Date of creation: 12 Feb 2008
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Handle: RePEc:pra:mprapa:7728

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Related research
Keywords: 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 - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information

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References listed on IDEAS
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  1. Castanheira, Micael, 2002. "On the (Non) Paradox of (Not) Voting," CEPR Discussion Papers 3126, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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This page was last updated on 2009-11-25.


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