Electoral College, Popular Vote and Regional Information

Grüner, Hans Peter and Martina Behm

No 3371, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We take up the discussion started by Condorcet on which voting system yields the highest probability that a good decision is taken. When regional information shocks are taken into account, an Electoral College system has advantages over simple majority vote under certain conditions: The probability that the utility-maximizing candidate wins is higher in the Electoral College system if the size of the adverse regional information shock is large.

Keywords: Electoral college; Popular vote; Regional information (search for similar items in EconPapers)
JEL-codes: D80 H11 (search for similar items in EconPapers)
Date: 2002-05
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