The swing voter's curse

Article Abstract:

The swing voter's curse refers to the condition wherein uninformed voters are better off by abstaining from voting and letting their informed counterparts decide in a two-candidate election. Such conditions are defined by informational asymmetries, which influence participation and vote choice beyond costs to vote and pivot probabilities. Abstention in voting is observed across large election populations given a broad parameter range.

Economic aspects, Elections, Voting, Voting abstention

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Rational choice theory and the paradox of not voting

Article Abstract:

A study of the problem of lack of an adequate rational choice model of large elections with costly voting given the central place of voting within a political economy is presented. To understand the development of group based model of voting a discussion of the decision-theoretic literature on voting, with a focus on the paradox of not voting as well as the role of mobilization and ethical agent models is also discussed.

Political Science, Models, Evaluation, Rational choice theory

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Lessons about markets from the Internet

Article Abstract:

The significance of Internet for economists to understand the operations of markets is examined.

United States, Science & research, Economists, Research, Analysis, Usage, Internet, Markets (Economics)

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