๐”– Bobbio Scriptorium
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Voting as an act of contribution

โœ Scribed by Melvin J. Hinich


Publisher
Springer US
Year
1981
Tongue
English
Weight
306 KB
Volume
36
Category
Article
ISSN
0048-5829

No coin nor oath required. For personal study only.

โœฆ Synopsis


This paper presents a theory which rationalizes voting in terms of the marginal utility a citizen derives from contributing a small amount of effort in the political process when the cost of voting is small. Citizens abstain when the marginal cost of voting exceeds the marginal perceived benefit. A simple choice rule for voting in a two candidate race is derived from the theory. This rule depends on the voter's subjective belief about the election outcome as well as his preferences for the candidates. The key assumption is that the voter's utility increases ff he votes for a winner, or decreases if he votes for a loser. This assumption is no less plausible than the assumption that voters believe they can be pivotal.


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