The curse of uninformed voting: An experimental study
Jens Großer and
Michael Seebauer
Games and Economic Behavior, 2016, vol. 97, issue C, 205-226
Abstract:
We study majority voting over two alternatives in small groups. Individuals have identical preferences but are uncertain about which alternative can better achieve their common interest. Before voting, each individual can obtain information by buying a valuable but imperfect signal about the better alternative. Voting is either voluntary or compulsory. In the compulsory mode, each individual must vote between the two alternatives, while in the voluntary mode they can also abstain. An uninformed, random vote generates a negative externality since it may override an informative group decision in pivotal events. In our experiments, participants in randomly re-matched groups obtain information more often with compulsory than voluntary voting, and the average number of signals is greater in larger than smaller groups. Surprisingly, uninformed voting is common even in the voluntary mode! Finally, group performance is poor in all treatments, indicating the need to reconsider current practice of jury and committee voting.
Keywords: Voting behavior; Voluntary and compulsory voting; Information search and aggregation; Condorcet Jury model; Laboratory experiments (search for similar items in EconPapers)
JEL-codes: C92 D72 D83 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:97:y:2016:i:c:p:205-226
DOI: 10.1016/j.geb.2016.04.009
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