QRE, NSNX and the Paradox of Voting

Howard Margolis
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Howard Margolis: University of Chicago, hmarg@uchicago.edu

Journal of Theoretical Politics, 2008, vol. 20, issue 4, 443-460

Abstract: Levine and Palfrey's QRE account of turnout in large elections raises the broader question of how much of a departure from standard rational choice theory is justified by the considerable repertoire of rational choice anomalies that has accumulated since Downs and Olson half a century ago. An alternative but more controversial unconventional view turns on what I call NSNX motivation to account for how agents seek a balance between self-interest and social motivation. NSNX agents have irreducibly dual utility functions. QRE agents have a standard utility function but they do not maximize it. I review the situation showing why in situations where NSNX effects could be expected, QRE might mirror those effects. I show how, by varying parameters of an experiment, I can cleanly distinguish between actual QRE effects, which should bring predictions closer to the data than Nash, and NSNX effects, which should do the same.

Keywords: experiments; games; NSNX; paradox of voting; QRE (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jothpo:v:20:y:2008:i:4:p:443-460

DOI: 10.1177/0951629808093775

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