Pivots versus signals in elections
We consider a two-period model of elections in which voters have private information about their policy preferences. A first-period vote can have two types of consequences: it may be pivotal in the first election and it provides a signal that affects candidates' positions in the second election. Pivot events are exceedingly unlikely, but when they occur the effect of a single vote is enormous. In contrast, vote totals always have some signaling effect, but the effect of a single vote is small. We investigate which effect - pivot or signaling - drives equilibrium voting behavior in large electorates.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Micael Castanheira, 2003.
"Why Vote For Losers?,"
Journal of the European Economic Association,
MIT Press, vol. 1(5), pages 1207-1238, 09.
- Micael Castanheira De Moura, 2003. "Why vote for losers?," ULB Institutional Repository 2013/10005, ULB -- Universite Libre de Bruxelles.
- Castanheira, Micael, 2002. "Why Vote for Losers?," CEPR Discussion Papers 3404, C.E.P.R. Discussion Papers.
- Micael Castanheira, . "Why Vote for Losers?," Working Papers 125, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996.
"The Swing Voter's Curse,"
American Economic Review,
American Economic Association, vol. 86(3), pages 408-24, June.
- Timothy Feddersen & Wolfgang Pesendorfer, 1997.
"Voting Behavior and Information Aggregation in Elections with Private Information,"
Econometric Society, vol. 65(5), pages 1029-1058, September.
- Timothy Feddersen & Wolfgang Pesendorfer, 1994. "Voting Behavior and Information Aggregation in Elections with Private Information," Discussion Papers 1117, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Timothy Feddersen & Wolfgang Pesendorfer, 1997. "Voting Behavior and Information Aggregation in Elections With Private Information," Levine's Working Paper Archive 1560, David K. Levine.
- Thomas R Palfrey & Howard Rosenthal, 2001. "A Strategic Calculus of Voting," Levine's Working Paper Archive 563824000000000039, David K. Levine.
- Roger B. Myerson, 1997.
"Large Poisson Games,"
1189, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Roger B. Myerson, 1998.
"Population uncertainty and Poisson games,"
International Journal of Game Theory,
Springer;Game Theory Society, vol. 27(3), pages 375-392.
- Roger B. Myerson, 1994. "Population Uncertainty and Poisson Games," Discussion Papers 1102, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Roger B. Myerson, 1994. "Population Uncertainty and Poisson Games," Discussion Papers 1102R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Colin M. Campbell, 1999. "Large Electorates and Decisive Minorities," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1199-1217, December.
- Kenneth Shotts, 2006. "A Signaling Model of Repeated Elections," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(2), pages 251-261, October.
- Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
- Meirowitz, Adam, 2005. "Polling games and information revelation in the Downsian framework," Games and Economic Behavior, Elsevier, vol. 51(2), pages 464-489, May.
- Battaglini, Marco, 2005.
"Sequential voting with abstention,"
Games and Economic Behavior,
Elsevier, vol. 51(2), pages 445-463, May.
- Thomas Piketty, 2000. "Voting as Communicating," Review of Economic Studies, Oxford University Press, vol. 67(1), pages 169-191.
- Ronny Razin, 2003. "Signaling and Election Motivations in a Voting Model with Common Values and Responsive Candidates," Econometrica, Econometric Society, vol. 71(4), pages 1083-1119, 07.
When requesting a correction, please mention this item's handle: RePEc:eee:jetheo:v:144:y:2009:i:2:p:744-771. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.