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Determinants of voter turnout

Diogo Ribeiro (diogobarros@ua.pt), Mara Madaleno and Anabela Botelho
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Diogo Ribeiro: Research Unit on Governance, Competitiveness and Public Policies (GOVCOPP), Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT), University of Aveiro
Mara Madaleno: Research Unit on Governance, Competitiveness and Public Policies (GOVCOPP), Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT), University of Aveiro
Anabela Botelho: Research Unit on Governance, Competitiveness and Public Policies (GOVCOPP), Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT), University of Aveiro

Journal of Behavioral Economics for Policy, 2022, vol. 6, issue S1, 73-84

Abstract: In this study, we analyze how sociodemographic characteristics, level of political identification, level of ideological identification, risk aversion, and cognitive biases affect the probability of voting. For that effect, we use a database of about 103 individuals and apply factor analysis to estimate the dimensions that capture cognitive biases, risk aversion, the level of political identification, and the level of ideological identification. Subsequently, through the estimation of a logit model, we examine how each variable affects the probability of voting based on their average marginal effects. We find that risk aversion, and cognitive biases, namely overconfidence and winning effect, significantly influence the likelihood of voting. We also find that ideological identification negatively influences the likelihood of voting.

Keywords: voters behavior; determinants; political behavior; decision making process (search for similar items in EconPapers)
JEL-codes: C35 C83 H80 P50 (search for similar items in EconPapers)
Date: 2022
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