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Bandwagon Effects in Two-Party Majority Voting


  • Chew, S.H.
  • Konrad, K.A.


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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Suggested Citation

  • Chew, S.H. & Konrad, K.A., 1992. "Bandwagon Effects in Two-Party Majority Voting," Papers 90-92-14, California Irvine - School of Social Sciences.
  • Handle: RePEc:fth:calirv:90-92-14

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    References listed on IDEAS

    1. Ahsan, Syed M., 1989. "Choice of tax base under uncertainty : Consumption or income?," Journal of Public Economics, Elsevier, vol. 40(1), pages 99-134, October.
    2. Sandmo, Agnar, 1989. "Differential taxation and the encouragement of risk-taking," Economics Letters, Elsevier, vol. 31(1), pages 55-59.
    3. Feldstein, Martin S, 1969. "The Effects on Taxation on Risk Taking," Journal of Political Economy, University of Chicago Press, vol. 77(5), pages 755-764, Sept./Oct.
    4. J. E. Stiglitz, 1969. "The Effects of Income, Wealth, and Capital Gains Taxation on Risk-Taking," The Quarterly Journal of Economics, Oxford University Press, vol. 83(2), pages 263-283.
    5. Evsey D. Domar & Richard A. Musgrave, 1944. "Proportional Income Taxation and Risk-Taking," The Quarterly Journal of Economics, Oxford University Press, vol. 58(3), pages 388-422.
    6. Bulow, Jeremy I & Summers, Lawrence H, 1984. "The Taxation of Risky Assets," Journal of Political Economy, University of Chicago Press, vol. 92(1), pages 20-39, February.
    7. Roger H. Gordon, 1985. "Taxation of Corporate Capital Income: Tax Revenues Versus Tax Distortions," The Quarterly Journal of Economics, Oxford University Press, vol. 100(1), pages 1-27.
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    Cited by:

    1. 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.
    2. 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.
    3. Denter, Philipp & Sisak, Dana, 2015. "Do polls create momentum in political competition?," Journal of Public Economics, Elsevier, vol. 130(C), pages 1-14.
    4. 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.
    5. 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.
    6. repec:kap:pubcho:v:172:y:2017:i:3:d:10.1007_s11127-017-0457-5 is not listed on IDEAS
    7. 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).
    8. 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.
    9. Áron Kiss & Gábor Simonovits, 2014. "Identifying the bandwagon effect in two-round elections," Public Choice, Springer, vol. 160(3), pages 327-344, September.

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    voting ; economic equilibrium;


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