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Sequential Voting with Endogenous Voter Forecasts

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  • Epple, Dennis
  • Kadane, Joseph B.

Abstract

We investigate a sequential voting model in which voters' forecasts of outcomes on future issues are determined endogenously. Voters are assumed to make decisions in an environment in which future outcomes are uncertain. The uncertainty arises from two possible sources. Voters may be uncertain of other voters' preferences. In addition, events that occur before future issues are decided may affect voters' preferences on future votes. Information available to voters at each point in time is characterized. An equilibrium to the voting problem, if one exists, is one for which the outcome on the issue currently being decided and voters' forecasts of outcomes on future issues are determined simultaneously. We show that an equilibrium exists under a particular voting institution and characterize voters' forecasts for this equilibrium.

Suggested Citation

  • Epple, Dennis & Kadane, Joseph B., 1990. "Sequential Voting with Endogenous Voter Forecasts," American Political Science Review, Cambridge University Press, vol. 84(1), pages 165-175, March.
    • Handle: RePEc:cup:apsrev:v:84:y:1990:i:01:p:165-175_19
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    Cited by:

    1. Jose-Victor Rios-Rull & Per Krusell, 1999. "On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model," American Economic Review, American Economic Association, vol. 89(5), pages 1156-1181, December.
    2. Christos Koulovatianos & Leonard J. Mirman, 2005. "Endogenous Public Policy and Long-Run Growth: Some Simple Analytics," Vienna Economics Papers vie0502, University of Vienna, Department of Economics.
    3. Christos Koulovatianos & Leonard J. Mirman, 2004. "Endogenous Public Policy and Long-Run Growth," University of Cyprus Working Papers in Economics 2-2004, University of Cyprus Department of Economics.
    4. Epple, Dennis & Romano, Richard E, 1996. "Public Provision of Private Goods," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 57-84, February.
    5. Christos Koulovatianos & Leonard J. Mirman, 2005. "Endogenous Public Policy and Long-Run Growth: Some Simple Analytics," Vienna Economics Papers 0502, University of Vienna, Department of Economics.

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