IDEAS home Printed from https://ideas.repec.org/a/now/jlqjps/100.00009009.html
   My bibliography  Save this article

Political Information Acquisition for Social Exchange

Author

Listed:
  • Aldashev, Gani

Abstract

Why do citizens get politically informed in a democracy? On one hand, being informed allows a citizen to participate in political discussions within her social network. On the other hand, having an informed opinion can help her to extend her social network. This paper builds a simple model on these insights and finds that effort in political information acquisition has inverted-U shape in the size of social network. The data from the 2000 American National Election Study and the 2002–2006 European Social Surveys confirm this theory: political information acquisition, political knowledge, and interest in politics increase with the size of social network, at a decreasing rate. The effect of social network is much weaker for the political efficacy measures for the United States, but not for Europe.

Suggested Citation

  • Aldashev, Gani, 2010. "Political Information Acquisition for Social Exchange," Quarterly Journal of Political Science, now publishers, vol. 5(1), pages 1-25, April.
  • Handle: RePEc:now:jlqjps:100.00009009
    DOI: 10.1561/100.00009009
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1561/100.00009009
    Download Restriction: no

    File URL: https://libkey.io/10.1561/100.00009009?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. Strömberg, David, 2002. "Optimal Campaigning in Presidential Elections: The Probability of Being Florida," Seminar Papers 706, Stockholm University, Institute for International Economic Studies.
    2. Timothy Besley & Anne Case, 2003. "Political Institutions and Policy Choices: Evidence from the United States," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 7-73, March.
    3. Frankel, David M. & Morris, Stephen & Pauzner, Ady, 2003. "Equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 1-44, January.
    4. Alberto Alesina & Eliana La Ferrara, 2000. "Participation in Heterogeneous Communities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(3), pages 847-904.
    5. Timothy Besley & Robin Burgess, 2002. "The Political Economy of Government Responsiveness: Theory and Evidence from India," The Quarterly Journal of Economics, Oxford University Press, vol. 117(4), pages 1415-1451.
    6. Valentino Larcinese, 2009. "Information Acquisition, Ideology and Turnout: Theory and Evidence From Britain," Journal of Theoretical Politics, , vol. 21(2), pages 237-276, April.
    7. Carlsson, Hans & van Damme, Eric, 1993. "Global Games and Equilibrium Selection," Econometrica, Econometric Society, vol. 61(5), pages 989-1018, September.
    8. Matthias Benz & Alois Stutzer, 2004. "Are Voters Better Informed When They Have a Larger Say in Politics? -- Evidence for the European Union and Switzerland," Public Choice, Springer, vol. 119(1_2), pages 31-59, April.
    9. Dewatripont,Mathias & Hansen,Lars Peter & Turnovsky,Stephen J. (ed.), 2003. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521818728.
    10. David Dreyer Lassen, 2005. "The Effect of Information on Voter Turnout: Evidence from a Natural Experiment," American Journal of Political Science, John Wiley & Sons, vol. 49(1), pages 103-118, January.
    11. Stephen Morris & Hyun Song Shin, 2000. "Global Games: Theory and Applications," Cowles Foundation Discussion Papers 1275R, Cowles Foundation for Research in Economics, Yale University, revised Aug 2001.
    12. Alesina, Alberto & La Ferrara, Eliana, 2002. "Who trusts others?," Journal of Public Economics, Elsevier, vol. 85(2), pages 207-234, August.
    13. Dewatripont,Mathias & Hansen,Lars Peter & Turnovsky,Stephen J. (ed.), 2003. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521524131.
    14. Martinelli, Cesar, 2006. "Would rational voters acquire costly information?," Journal of Economic Theory, Elsevier, vol. 129(1), pages 225-251, July.
    15. Giulio Zanella, 2004. "Social Interactions and Economic Behavior," Department of Economics University of Siena 441, Department of Economics, University of Siena.
    16. David Strömberg, 2004. "Radio's Impact on Public Spending," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 189-221.
    17. Hirschman, Albert O, 1989. "Having Opinions--One of the Elements of Well-Being?," American Economic Review, American Economic Association, vol. 79(2), pages 75-79, May.
    18. Dewatripont,Mathias & Hansen,Lars Peter & Turnovsky,Stephen J. (ed.), 2003. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521818742.
    19. Burden, Barry C., 2000. "Voter Turnout and the National Election Studies," Political Analysis, Cambridge University Press, vol. 8(4), pages 389-398, July.
    20. Dewatripont,Mathias & Hansen,Lars Peter & Turnovsky,Stephen J. (ed.), 2003. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521524117.
    21. Matthew Gentzkow, 2006. "Television and Voter Turnout," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(3), pages 931-972.
    22. Matsusaka, John G, 1995. "Explaining Voter Turnout Patterns: An Information Theory," Public Choice, Springer, vol. 84(1-2), pages 91-117, July.
    23. Dewatripont,Mathias & Hansen,Lars Peter & Turnovsky,Stephen J. (ed.), 2003. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521818735.
    24. Dewatripont,Mathias & Hansen,Lars Peter & Turnovsky,Stephen J. (ed.), 2003. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521524124.
    25. Mathias Dewatripont & Lars Peter Hansen & Stephen Turnovsky, 2003. "Advances in economics and econometrics :theory and applications," ULB Institutional Repository 2013/9557, ULB -- Universite Libre de Bruxelles.
    26. Lupia, Arthur, 1994. "Shortcuts Versus Encyclopedias: Information and Voting Behavior in California Insurance Reform Elections," American Political Science Review, Cambridge University Press, vol. 88(1), pages 63-76, March.
    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. Valentino Larcinese, 2009. "Information Acquisition, Ideology and Turnout: Theory and Evidence From Britain," Journal of Theoretical Politics, , vol. 21(2), pages 237-276, April.
    2. Valentino Larcinese, 2007. "Does political knowledge increase turnout? Evidence from the 1997 British general election," Public Choice, Springer, vol. 131(3), pages 387-411, June.
    3. R. Aytimur & Aristotelis Boukouras & Robert Schwager, 2014. "Voting as a signaling device," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(3), pages 753-777, April.
    4. Couttenier, Mathieu & Hatte, Sophie, 2016. "Mass media effects on non-governmental organizations," Journal of Development Economics, Elsevier, vol. 123(C), pages 57-72.
    5. Bruns, Christian, 2013. "Elections and Market Provision of Information," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79857, Verein für Socialpolitik / German Economic Association.
    6. Karamychev, Vladimir A. & Swank, Otto H., 2022. "A social image theory of information acquisition, opinion formation, and voting," European Journal of Political Economy, Elsevier, vol. 74(C).

    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. Karp, Larry S., 2008. "Correct (and misleading) argument for using market-based pollution control policies," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6030, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Basteck, Christian & Daniëls, Tijmen R., 2011. "Every symmetric 3×3 global game of strategic complementarities has noise-independent selection," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 749-754.
    3. Chassang, Sylvain, 2008. "Uniform selection in global games," Journal of Economic Theory, Elsevier, vol. 139(1), pages 222-241, March.
    4. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2006. "Signaling in a Global Game: Coordination and Policy Traps," Journal of Political Economy, University of Chicago Press, vol. 114(3), pages 452-484, June.
    5. Brunnermeier, Markus & Abadi, Joseph, 2018. "Blockchain Economics," CEPR Discussion Papers 13420, C.E.P.R. Discussion Papers.
    6. Camille Cornand & Frank Heinemann, 2009. "Speculative Attacks with Multiple Sources of Public Information," Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(1), pages 73-102, March.
    7. Ahnert, Toni & Anand, Kartik & Gai, Prasanna & Chapman, James, 2015. "Safe, or not safe? Covered bonds and Bank Fragility," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112875, Verein für Socialpolitik / German Economic Association.
    8. Albert Banal‐Estañol & Jo Seldeslachts, 2011. "Merger Failures," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 20(2), pages 589-624, June.
    9. Pekka Sääskilahti, 2016. "Buying Decision Coordination and Monopoly Pricing of Network Goods," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(2), pages 313-333, April.
    10. Mathevet, Laurent, 2014. "Beliefs and rationalizability in games with complementarities," Games and Economic Behavior, Elsevier, vol. 85(C), pages 252-271.
    11. David P. Myatt & Chris Wallace, 2005. "The Evolution of Teams," Palgrave Macmillan Books, in: Natalie Gold (ed.), Teamwork, chapter 4, pages 78-101, Palgrave Macmillan.
    12. Guimaraes, Bernardo & Pereira, Ana Elisa, 2017. "Dynamic coordination among heterogeneous agents," Journal of Mathematical Economics, Elsevier, vol. 73(C), pages 13-33.
    13. Toni Ahnert & Kartik Anand & Prasanna Gai & James Chapman & Philip StrahanEditor, 2019. "Asset Encumbrance, Bank Funding, and Fragility," The Review of Financial Studies, Society for Financial Studies, vol. 32(6), pages 2422-2455.
    14. Mason, Robin & Valentinyi, Ã kos, 2007. "The existence and uniqueness of monotone pure strategy equilibrium in Bayesian games," Discussion Paper Series In Economics And Econometrics 710, Economics Division, School of Social Sciences, University of Southampton.
    15. Chiara Fumagalli & Massimo Motta, 2008. "Buyers’ Miscoordination, Entry and Downstream Competition," Economic Journal, Royal Economic Society, vol. 118(531), pages 1196-1222, August.
    16. Rodrigo Harrison & Roberto Muñoz, 2008. "Stability and equilibrium selection in a link formation game," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(2), pages 335-345, November.
    17. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    18. Basteck, Christian & Daniëls, Tijmen R. & Heinemann, Frank, 2013. "Characterising equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2620-2637.
    19. Aleh Tsyvinski & Arijit Mukherji & Christian Hellwig, 2006. "Self-Fulfilling Currency Crises: The Role of Interest Rates," American Economic Review, American Economic Association, vol. 96(5), pages 1769-1787, December.
    20. Mei Li, 2013. "Investment complementarities, coordination failure, and systemic bankruptcy," Oxford Economic Papers, Oxford University Press, vol. 65(4), pages 767-788, October.

    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

    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:now:jlqjps:100.00009009. 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: Lucy Wiseman (email available below). General contact details of provider: http://www.nowpublishers.com/ .

    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.