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Bandwagon Effects and Two-Party Majority Voting

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  • Hong, Chew Soo
  • Konrad, Kai A

Abstract

Empirical studies of voting behavior provide evidence of bandwagon effects. Some voters, believing that a particular candidate will win, vote for this candidate even though they prefer the alternative. This paper provides a non-expected utility explanation of such behavior by positing that voters may be averse to the uncertainty associated with an election. Copyright 1998 by Kluwer Academic Publishers

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  • Hong, Chew Soo & Konrad, Kai A, 1998. "Bandwagon Effects and Two-Party Majority Voting," Journal of Risk and Uncertainty, Springer, vol. 16(2), pages 165-172, May-June.
    • Handle: RePEc:kap:jrisku:v:16:y:1998:i:2:p:165-72
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    Cited by:

    1. Denter, Philipp & Sisak, Dana, 2015. "Do polls create momentum in political competition?," Journal of Public Economics, Elsevier, vol. 130(C), pages 1-14.
    2. Tyran, Jean-Robert, 2004. "Voting when money and morals conflict: an experimental test of expressive voting," Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1645-1664, July.
    3. Kallbekken, Steffen & Kroll, Stephan & Cherry, Todd L., 2011. "Do you not like Pigou, or do you not understand him? Tax aversion and revenue recycling in the lab," Journal of Environmental Economics and Management, Elsevier, vol. 62(1), pages 53-64, July.
    4. Alberto Grillo, 2017. "Risk aversion and bandwagon effect in the pivotal voter model," Public Choice, Springer, vol. 172(3), pages 465-482, September.
    5. Bischoff, Ivo & Egbert, Henrik, 2013. "Social information and bandwagon behavior in voting: An economic experiment," Journal of Economic Psychology, Elsevier, vol. 34(C), pages 270-284.
    6. Serge Blondel & Louis Lévy-garboua, 2011. "Can non-expected utility theories explain the paradox of not voting?," Economics Bulletin, AccessEcon, vol. 31(4), pages 3158-3168.
    7. Áron Kiss & Gábor Simonovits, 2014. "Identifying the bandwagon effect in two-round elections," Public Choice, Springer, vol. 160(3), pages 327-344, September.
    8. Wiser, Ryan H., 2007. "Using contingent valuation to explore willingness to pay for renewable energy: A comparison of collective and voluntary payment vehicles," Ecological Economics, Elsevier, vol. 62(3-4), pages 419-432, May.
    9. Ivo Bischoff & Carolin Neuhaus & Peter Trautner & Bernd Weber, 2012. "The Neuroeconomics of Voting: Neural Evidence of Different Sources of Utility in Voting," MAGKS Papers on Economics 201234, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    10. Dillenberger, David & Raymond, Collin, 2019. "On the consensus effect," Journal of Economic Theory, Elsevier, vol. 183(C), pages 384-416.

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