Voting as a Signaling Device
AbstractIn this paper, citizens vote in order to influence the election outcome and in order to signal their unobserved characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively related to the importance of social interactions. (iii) Voting may exhibit bandwagon effects and small changes in the electoral incentives may generate large changes in turnout due to signaling effects. (iv) Signaling incentives increase the sensitivity of turnout to voting incentives in communities with low opportunity cost of social interaction, while the opposite is true for communities with high cost of social interaction. Therefore, the model predicts that smaller communities have more volatile turnout than larger communities. --
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Bibliographic InfoPaper provided by Verein für Socialpolitik / German Economic Association in its series Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century with number 62075.
Date of creation: 2012
Date of revision:
Other versions of this item:
- R. Emre Aytimur & Aristotelis Boukouras & Robert Schwager, 2012. "Voting as a Signaling Device," CESifo Working Paper Series 3700, CESifo Group Munich.
- R. Emre Aytimur & Aristotelis Boukouras & Robert Schwager, 2012. "Voting as a Signaling Device," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 108, Courant Research Centre PEG.
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
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