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Persistent link: https://www.econbiz.de/10005573215
This paper reports the first laboratory study of the swing voter's curse and provides insights on the larger theoretical and empirical literature on "pivotal voter" models. Our experiment controls for different information levels of voters, as well as the size of the electorate, the distribution...
Persistent link: https://www.econbiz.de/10010638121
Persistent link: https://www.econbiz.de/10008064277
We analyze a game of two-sided private information characterized by extreme adverse selection, and study a special case in the laboratory. Each player has a privately known strength and can decide to fight or compromise. If either chooses to fight, there is a conflict; the stronger player...
Persistent link: https://www.econbiz.de/10012707922
We present a dynamic model of free riding in which n infinitely lived agents choose between private consumption and contributions to a durable public good g. We characterize the set of continuous Markov equilibria in economies with reversibility, where investments can be positive or negative; and...
Persistent link: https://www.econbiz.de/10011188549
We compare the behavior of voters, depending on whether they operate under sequential and simultaneous voting rules, when voting is costly and information is incomplete. In many real political institutions, ranging from small committees to mass elections, voting is sequential, which allows some...
Persistent link: https://www.econbiz.de/10011149937
Persistent link: https://www.econbiz.de/10005572846
This paper reports the first laboratory study of the swing voter's curse and provides insights on the larger theoretical and empirical literature on "pivotal voter" models. Our experiment controls for different information levels of voters, as well as the size of the electorate, the distribution...
Persistent link: https://www.econbiz.de/10005755325
We compare the behavior of voters, depending on whether they operate under sequential and simultaneous voting rules, when voting is costly and information is incomplete. In many real political institutions, ranging from small committees to mass elections, voting is sequential, which allows some...
Persistent link: https://www.econbiz.de/10005558530
Persistent link: https://www.econbiz.de/10005708409