Psychologically-Based Voting with Uncertainty

Arianna Degan and Ming Li

No 5014, CESifo Working Paper Series from CESifo

Abstract: We analyze a psychologically-based model of voter turnout in an election with common value and uncertainty. Our model yields distinctive comparative statics results. First, an increase in the proportion of informed citizens may cause the winning margin for the right candidate to either rise or fall. In addition such increase can have a non-monotonic effect on turnout of uninformed citizens. Second, as the prior becomes more favourable towards the ex ante favoured candidate, turnouts of informed and uninformed voters both change in a non-monotonic way. Furthermore, total turnout can be positively or negatively correlated with winning margins.

Keywords: regret; voter turnout; behavioural political economy; psychology and economics; uninformed voters; informed voters (search for similar items in EconPapers)
JEL-codes: D72 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Psychologically-based voting with uncertainty (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_5014

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