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ISSN 1558-4682
Volume 16 - September 28, 2010 Previous
1. Vijay Krishna and John Morgan Overcoming Ideological Bias in Elections
Imagine that voters care about the quality of the candidate but also lean towards one of the two candidates. With sincere voting the larger party wins - which will be inefficient if they don't care very much and the minority party does. Now take an off-the-rack voter participation model with stochastic participation costs and lots of strategic voters. Because the party that cares more is more willing to incur participation costs they have a better chance of winning. So much so that - amazingly - majority voting gets the outcome exactly right.
original link cached copy reviewed by David K. Levine on 09/28/10