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Learning in elections and voter turnout equilibria
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DeMichelis, Stefano and Dhillon, Amrita (2001) Learning in elections and voter turnout equilibria. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.608).
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Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
Both complete and incomplete game Theoretic Models of Voter Turnout (Palfrey and Rosenthal, 1983,1985) have the problem of multiple equilibria, some of which seem unreasonable. How can the counter intuitive high turnout equilibria be explained? Palfrey and Rosenthal (1985) suggest that the main reason is that strategic uncertainty istoo low in a complete information model. We show that this is not the main problem with these equilibria{ incomplete information may exacerbate the problem of multiple equilibria. We propose a very intuitive criterion based on voter learning to distinguish reasonable equilibria. This paper makes precise the sense in which the high turnout equilibria in the Palfrey-Rosenthal model are not robust. We show how the model can be used to qualitatively explain several phenomena observed in reality.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | J Political Science > JF Political institutions (General) | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Voting reseach, Elections, Learning -- Mathematical models, Game theory | ||||
Series Name: | Warwick economic research papers | ||||
Publisher: | University of Warwick, Department of Economics | ||||
Place of Publication: | Coventry | ||||
Official Date: | September 2001 | ||||
Dates: |
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Number: | No.608 | ||||
Number of Pages: | 21 | ||||
Status: | Not Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Description: | September 2001: Preliminary and incomplete |
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