IDEAS home Printed from https://ideas.repec.org/a/aea/aejapp/v15y2023i4p177-217.html
   My bibliography  Save this article

Coordination and Bandwagon Effects: How Past Rankings Shape the Behavior of Voters and Candidates

Author

Listed:
  • Riako Granzier
  • Vincent Pons
  • Clemence Tricaud

Abstract

Candidates' placements in polls and past elections can be powerful coordination devices for parties and voters. Using a regression discontinuity design in French two-round elections, we show that candidates who place first in the first round are more likely to stay in the race and win than those who placed second. These effects are even larger for ranking second versus third, and also present for third versus fourth. They stem from allied parties agreeing on which candidate should drop out, voters coordinating their choice, and the bandwagon effect of wanting to vote for the winner. We find similar results across 19 other countries.

Suggested Citation

  • Riako Granzier & Vincent Pons & Clemence Tricaud, 2023. "Coordination and Bandwagon Effects: How Past Rankings Shape the Behavior of Voters and Candidates," American Economic Journal: Applied Economics, American Economic Association, vol. 15(4), pages 177-217, October.
  • Handle: RePEc:aea:aejapp:v:15:y:2023:i:4:p:177-217
    DOI: 10.1257/app.20210840
    as

    Download full text from publisher

    File URL: https://www.aeaweb.org/doi/10.1257/app.20210840
    Download Restriction: no

    File URL: https://doi.org/10.3886/E172161V1
    Download Restriction: no

    File URL: https://www.aeaweb.org/doi/10.1257/app.20210840.appx
    Download Restriction: no

    File URL: https://www.aeaweb.org/doi/10.1257/app.20210840.ds
    Download Restriction: Access to full text is restricted to AEA members and institutional subscribers.

    File URL: https://libkey.io/10.1257/app.20210840?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Folke, Olle & Persson, Torsten & Rickne, Johanna, 2016. "The Primary Effect: Preference Votes and Political Promotions," American Political Science Review, Cambridge University Press, vol. 110(3), pages 559-578, August.
    2. Pope, Devin G., 2009. "Reacting to rankings: Evidence from "America's Best Hospitals"," Journal of Health Economics, Elsevier, vol. 28(6), pages 1154-1165, December.
    3. Guido Imbens & Karthik Kalyanaraman, 2012. "Optimal Bandwidth Choice for the Regression Discontinuity Estimator," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(3), pages 933-959.
    4. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    5. Michel Balinski & Rida Laraki, 2011. "Majority Judgment: Measuring, Ranking, and Electing," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262015137, December.
    6. Bartels, Larry M., 1985. "Expectations and Preferences in Presidential Nominating Campaigns," American Political Science Review, Cambridge University Press, vol. 79(3), pages 804-815, September.
    7. Imbens, Guido W. & Lemieux, Thomas, 2008. "Regression discontinuity designs: A guide to practice," Journal of Econometrics, Elsevier, vol. 142(2), pages 615-635, February.
    8. Samuel M. Hartzmark, 2015. "The Worst, the Best, Ignoring All the Rest: The Rank Effect and Trading Behavior," The Review of Financial Studies, Society for Financial Studies, vol. 28(4), pages 1024-1059.
    9. Myerson, Roger B. & Weber, Robert J., 1993. "A Theory of Voting Equilibria," American Political Science Review, Cambridge University Press, vol. 87(1), pages 102-114, March.
    10. Caroline Le Pennec & Vincent Pons, 2019. "How Do Campaigns Shape Vote Choice? Multi-Country Evidence from 62 Elections and 56 TV Debates," NBER Working Papers 26572, National Bureau of Economic Research, Inc.
    11. Vincent Pons & Clémence Tricaud, 2018. "Expressive Voting and Its Cost: Evidence From Runoffs With Two or Three Candidates," Econometrica, Econometric Society, vol. 86(5), pages 1621-1649, September.
    12. Timothy Besley & Stephen Coate, 1997. "An Economic Model of Representative Democracy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(1), pages 85-114.
    13. Sebastian Calonico & Matias D. Cattaneo & Rocio Titiunik, 2014. "Robust Nonparametric Confidence Intervals for Regression‐Discontinuity Designs," Econometrica, Econometric Society, vol. 82, pages 2295-2326, November.
    14. McCrary, Justin, 2008. "Manipulation of the running variable in the regression discontinuity design: A density test," Journal of Econometrics, Elsevier, vol. 142(2), pages 698-714, February.
    15. David S. Lee, 2009. "Training, Wages, and Sample Selection: Estimating Sharp Bounds on Treatment Effects," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(3), pages 1071-1102.
    16. Santosh Anagol & Thomas Fujiwara, 2016. "The Runner-Up Effect," Journal of Political Economy, University of Chicago Press, vol. 124(4), pages 927-991.
    17. Martin J. Osborne & Al Slivinski, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(1), pages 65-96.
    18. Spenkuch, Jörg L., 2018. "Expressive vs. strategic voters: An empirical assessment," Journal of Public Economics, Elsevier, vol. 165(C), pages 73-81.
    19. Melvin Hinich, 1981. "Voting as an act of contribution," Public Choice, Springer, vol. 36(1), pages 135-140, January.
    20. Lee, David S., 2008. "Randomized experiments from non-random selection in U.S. House elections," Journal of Econometrics, Elsevier, vol. 142(2), pages 675-697, February.
    21. Martial Foucault & Abel François, 2005. "Le rendement des dépenses électorales en France," Post-Print hal-03459034, HAL.
    22. Morton, Rebecca B. & Muller, Daniel & Page, Lionel & Torgler, Benno, 2015. "Exit polls, turnout, and bandwagon voting: Evidence from a natural experiment," European Economic Review, Elsevier, vol. 77(C), pages 65-81.
    23. Meriläinen, Jaakko & Tukiainen, Janne, 2016. "Primary Effect in Open-List Elections," Working Papers 79, VATT Institute for Economic Research.
    24. Hall, Andrew B. & Snyder, Jr., James M., 2015. "Information and Wasted Votes: A Study of U.S. Primary Elections," Quarterly Journal of Political Science, now publishers, vol. 10(4), pages 433-459, December.
    25. Áron Kiss & Gábor Simonovits, 2014. "Identifying the bandwagon effect in two-round elections," Public Choice, Springer, vol. 160(3), pages 327-344, September.
    26. Jean-François Laslier, 2009. "The Leader rule: a model of strategic approval voting in a large electorate," Post-Print hal-00363218, HAL.
    27. Andrew C. Eggers & Anthony Fowler & Jens Hainmueller & Andrew B. Hall & James M. Snyder, 2015. "On the Validity of the Regression Discontinuity Design for Estimating Electoral Effects: New Evidence from Over 40,000 Close Races," American Journal of Political Science, John Wiley & Sons, vol. 59(1), pages 259-274, January.
    28. Steven Callander, 2007. "Bandwagons and Momentum in Sequential Voting," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(3), pages 653-684.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kevin Dano & Francesco Ferlenga & Vincenzo Galasso & Caroline Le Pennec & Vincent Pons, 2022. "Coordination and Incumbency Advantage in Multi-Party Systems - Evidence from French Elections," NBER Working Papers 30541, National Bureau of Economic Research, Inc.
    2. Erika Deserranno & Gianmarco León-Ciliotta & Firman Witoelar, 2021. "When Transparency Fails: Financial Incentives for Local Banking Agents in Indonesia," Working Papers 1233, Barcelona School of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vincent Pons & Clémence Tricaud, 2018. "Expressive Voting and Its Cost: Evidence From Runoffs With Two or Three Candidates," Econometrica, Econometric Society, vol. 86(5), pages 1621-1649, September.
    2. Kevin Dano & Francesco Ferlenga & Vincenzo Galasso & Caroline Le Pennec & Vincent Pons, 2022. "Coordination and Incumbency Advantage in Multi-Party Systems - Evidence from French Elections," NBER Working Papers 30541, National Bureau of Economic Research, Inc.
    3. Jain, Chandan & Kashyap, Shagun & Lahoti, Rahul & Sahoo, Soham, 2022. "Do Educated Leaders Affect Economic Development? Evidence from India," IZA Discussion Papers 15278, Institute of Labor Economics (IZA).
    4. Jain, Chandan & Kashyap, Shagun & Lahoti, Rahul & Sahoo, Soham, 2023. "The impact of educated leaders on economic development: Evidence from India," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 1068-1093.
    5. Hyytinen, Ari & Merilã„Inen, Jaakko & Saarimaa, Tuukka & Toivanen, Otto & Tukiainen, Janne, 2018. "Public Employees as Politicians: Evidence from Close Elections," American Political Science Review, Cambridge University Press, vol. 112(1), pages 68-81, February.
    6. Thushyanthan Baskaran & Sonia Bhalotra & Brian Min & Yogesh Uppal, 2018. "Women legislators and economic performance," WIDER Working Paper Series wp-2018-47, World Institute for Development Economic Research (UNU-WIDER).
    7. Francisco Pino, 2014. "Is There Gender Bias Among Voters ?Evidence from the Chilean Congressional Elections," Working Papers ECARES ECARES 2014-53, ULB -- Universite Libre de Bruxelles.
    8. Davide Cipullo, 2021. "Gender Gaps in Political Careers: Evidence from Competitive Elections," CESifo Working Paper Series 9075, CESifo.
    9. Thomas Fujiwara & Carlos Sanz, 2017. "Norms in bargaining: evidence from government formation in Spain," Working Papers 1741, Banco de España.
    10. Guastavino, Carlos & Miranda, Alvaro & Montero, Rodrigo, 2021. "Rank effect in bureaucrat recruitment," European Journal of Political Economy, Elsevier, vol. 68(C).
    11. Benedetto Marco Alberto De & Paola Maria De, 2017. "Candidates’ Education and Turnout: Evidence from Italyn Municipal Elections," German Economic Review, De Gruyter, vol. 18(1), pages 22-50, February.
    12. Lippmann, Quentin, 2022. "Gender and lawmaking in times of quotas," Journal of Public Economics, Elsevier, vol. 207(C).
    13. Meriläinen, Jaakko & Tukiainen, Janne, 2016. "Primary Effect in Open-List Elections," Working Papers 79, VATT Institute for Economic Research.
    14. Egidio Farina, 2018. "The impact of political and religious leaders on socio-economic outcomes," Economics PhD Theses 0218, Department of Economics, University of Sussex Business School.
    15. Adam C. Sales & Ben B. Hansen, 2020. "Limitless Regression Discontinuity," Journal of Educational and Behavioral Statistics, , vol. 45(2), pages 143-174, April.
    16. Brian Beach & Daniel B. Jones & Tate Twinam & Randall Walsh, 2018. "Minority Representation in Local Government," NBER Working Papers 25192, National Bureau of Economic Research, Inc.
    17. Irma Clots-Figueras, 2012. "Are Female Leaders Good for Education? Evidence from India," American Economic Journal: Applied Economics, American Economic Association, vol. 4(1), pages 212-244, January.
    18. Abou-Chadi, Tarik & Krause, Werner, 2020. "The Causal Effect of Radical Right Success on Mainstream Parties’ Policy Positions: A Regression Discontinuity Approach," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 50(3), pages 829-847.
    19. Solé-Ollé, Albert & Viladecans-Marsal, Elisabet, 2013. "Do political parties matter for local land use policies?," Journal of Urban Economics, Elsevier, vol. 78(C), pages 42-56.
    20. Lippmann, Quentin, 2023. "Persistence of incumbents and female access to political positions," Journal of Economic Behavior & Organization, Elsevier, vol. 206(C), pages 327-349.

    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • K16 - Law and Economics - - Basic Areas of Law - - - Election Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aejapp:v:15:y:2023:i:4:p:177-217. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.