IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2409.15946.html

The Political Economy of Zero-Sum Thinking

Author

Listed:
  • S. Nageeb Ali
  • Maximilian Mihm
  • Lucas Siga

Abstract

This paper offers a strategic rationale for zero-sum thinking in elections. We show that asymmetric information and distributional considerations together make voters wary of policies supported by others. This force impels a majority of voters to support policies contrary to their preferences and information. Our analysis identifies and interprets a form of "adverse correlation" that is necessary and sufficient for zero-sum thinking to prevail in equilibrium.

Suggested Citation

  • S. Nageeb Ali & Maximilian Mihm & Lucas Siga, 2024. "The Political Economy of Zero-Sum Thinking," Papers 2409.15946, arXiv.org.
  • Handle: RePEc:arx:papers:2409.15946
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2409.15946
    File Function: Latest version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. David H. Autor & David Dorn & Gordon H. Hanson, 2016. "The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 205-240, October.
    2. Kim, Jaehoon & Fey, Mark, 2007. "The swing voter's curse with adversarial preferences," Journal of Economic Theory, Elsevier, vol. 135(1), pages 236-252, July.
    3. Atsushi Kajii & Stephen Morris, 1997. "The Robustness of Equilibria to Incomplete Information," Econometrica, Econometric Society, vol. 65(6), pages 1283-1310, November.
    4. Mehmet Ekmekci & Stephan Lauermann, 2020. "Manipulated Electorates and Information Aggregation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(2), pages 997-1033.
    5. Roger B. Myerson, 1998. "Population uncertainty and Poisson games," International Journal of Game Theory, Springer;Game Theory Society, vol. 27(3), pages 375-392.
    6. Timothy Feddersen & Alvaro Sandroni, 2006. "A Theory of Participation in Elections," American Economic Review, American Economic Association, vol. 96(4), pages 1271-1282, September.
    7. Georgy Egorov & Konstantin Sonin, 2013. "A Political Theory of Populism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(2), pages 771-805.
    8. Carlsson, Hans & van Damme, Eric, 1993. "Global Games and Equilibrium Selection," Econometrica, Econometric Society, vol. 61(5), pages 989-1018, September.
    9. Acharya, Avidit, 2016. "Information aggregation failure in a model of social mobility," Games and Economic Behavior, Elsevier, vol. 100(C), pages 257-272.
    10. Kfir Eliaz & Ran Spiegler, 2020. "A Model of Competing Narratives," American Economic Review, American Economic Association, vol. 110(12), pages 3786-3816, December.
    11. David Autor & David Dorn & Gordon Hanson & Kaveh Majlesi, 2020. "Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure," American Economic Review, American Economic Association, vol. 110(10), pages 3139-3183, October.
    12. 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, July.
    13. Timothy Feddersen & Wolfgang Pesendorfer, 1997. "Voting Behavior and Information Aggregation in Elections with Private Information," Econometrica, Econometric Society, vol. 65(5), pages 1029-1058, September.
    14. Sourav Bhattacharya, 2013. "Preference Monotonicity and Information Aggregation in Elections," Econometrica, Econometric Society, vol. 81(3), pages 1229-1247, May.
    15. Gregory J. Martin & Ali Yurukoglu, 2017. "Bias in Cable News: Persuasion and Polarization," American Economic Review, American Economic Association, vol. 107(9), pages 2565-2599, September.
    16. Sergei Guriev & Elias Papaioannou, 2022. "The Political Economy of Populism," Journal of Economic Literature, American Economic Association, vol. 60(3), pages 753-832, September.
    17. Peter Buisseret & Richard Van Weelden, 2022. "Polarization, Valence, and Policy Competition," American Economic Review: Insights, American Economic Association, vol. 4(3), pages 341-352, September.
    18. Paola Sapienza & Luigi Zingales, 2013. "Economic Experts versus Average Americans," American Economic Review, American Economic Association, vol. 103(3), pages 636-642, May.
    19. Stephen Coate & Michael Conlin, 2004. "A Group Rule–Utilitarian Approach to Voter Turnout: Theory and Evidence," American Economic Review, American Economic Association, vol. 94(5), pages 1476-1504, December.
    20. Sevgi Yuksel, 2022. "Specialized Learning And Political Polarization," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(1), pages 457-474, February.
    21. Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996. "The Swing Voter's Curse," American Economic Review, American Economic Association, vol. 86(3), pages 408-424, June.
    22. S. Nageeb Ali & Maximilian Mihm & Lucas Siga & Chloe Tergiman, 2021. "Adverse and Advantageous Selection in the Laboratory," American Economic Review, American Economic Association, vol. 111(7), pages 2152-2178, July.
    23. Feddersen, Timothy & Pesendorfer, Wolfgang, 1998. "Convicting the Innocent: The Inferiority of Unanimous Jury Verdicts under Strategic Voting," American Political Science Review, Cambridge University Press, vol. 92(1), pages 23-35, March.
    Full references (including those not matched with items on IDEAS)

    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. Prato, Carlo & Wolton, Stephane, 2022. "Wisdom of the crowd? Information aggregation in representative democracy," Games and Economic Behavior, Elsevier, vol. 135(C), pages 86-95.
    2. Laurent Bouton & Micael Castanheira, 2012. "One Person, Many Votes: Divided Majority and Information Aggregation," Econometrica, Econometric Society, vol. 80(1), pages 43-87, January.
    3. Paulo Barelli & Sourav Bhattacharya & Lucas Siga, 2022. "Full Information Equivalence in Large Elections," Econometrica, Econometric Society, vol. 90(5), pages 2161-2185, September.
    4. Carl Heese & Stephan Lauermann, 2021. "Persuasion and Information Aggregation in Elections," ECONtribute Discussion Papers Series 112, University of Bonn and University of Cologne, Germany.
    5. Tajika, Tomoya, 2022. "Voting on tricky questions," Games and Economic Behavior, Elsevier, vol. 132(C), pages 380-389.
    6. Tajika, Tomoya, 2018. "Collective Mistakes: Intuition Aggregation for a Trick Question under Strategic Voting," Discussion Paper Series 674, Institute of Economic Research, Hitotsubashi University.
    7. Bouton, Laurent & Castanheira, Micael & Llorente-Saguer, Aniol, 2016. "Divided majority and information aggregation: Theory and experiment," Journal of Public Economics, Elsevier, vol. 134(C), pages 114-128.
    8. Alastair Smith & Bruce Bueno de Mesquita & Tom LaGatta, 2017. "Group incentives and rational voting1," Journal of Theoretical Politics, , vol. 29(2), pages 299-326, April.
    9. Kim, Jaehoon & Fey, Mark, 2007. "The swing voter's curse with adversarial preferences," Journal of Economic Theory, Elsevier, vol. 135(1), pages 236-252, July.
    10. Ingela Alger & Jean-François Laslier, 2022. "Homo moralis goes to the voting booth: Coordination and information aggregation," Journal of Theoretical Politics, , vol. 34(2), pages 280-312, April.
    11. Meirowitz, Adam & Pi, Shaoting, 2022. "Voting and trading: The shareholder’s dilemma," Journal of Financial Economics, Elsevier, vol. 146(3), pages 1073-1096.
    12. Laurent Bouton & Aniol Llorente-Saguer & Antonin Macé & Dimitrios Xefteris, 2024. "Voting Rights, Agenda Control and Information Aggregation," Journal of the European Economic Association, European Economic Association, vol. 22(6), pages 2598-2647.
    13. Breitmoser, Yves & Valasek, Justin, 2023. "Why do committees work?," Discussion Paper Series in Economics 18/2023, Norwegian School of Economics, Department of Economics.
    14. S. Ali & Navin Kartik, 2012. "Herding with collective preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(3), pages 601-626, November.
    15. Laurent Bouton & Aniol Llorente-Saguer & Frédéric Malherbe, 2014. "Get Rid of Unanimity: The Superiority of Majority Rule with Veto Power," NBER Working Papers 20417, National Bureau of Economic Research, Inc.
    16. Mandler, Michael, 2012. "The fragility of information aggregation in large elections," Games and Economic Behavior, Elsevier, vol. 74(1), pages 257-268.
    17. Midjord, Rune & Rodríguez Barraquer, Tomás & Valasek, Justin, 2021. "When voters like to be right: An analysis of the Condorcet Jury Theorem with mixed motives," Journal of Economic Theory, Elsevier, vol. 198(C).
    18. Meirowitz, Adam & Shotts, Kenneth W., 2009. "Pivots versus signals in elections," Journal of Economic Theory, Elsevier, vol. 144(2), pages 744-771, March.
    19. Elena Panova, 2011. "A Passion for Democracy," CIRANO Working Papers 2011s-47, CIRANO.
    20. François Maniquet & Massimo Morelli, 2015. "Approval quorums dominate participation quorums," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(1), pages 1-27, June.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:arx:papers:2409.15946. 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: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    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.