G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
The Swing Voter's Curse in Social Networks
Berno Buechel; Lydia Mechtenberg
发表日期2017
出处Economic Theory
出版年2017
语种英语
摘要We study private communication in social networks prior to a majority vote on two alternative policies. Some (or all) agents receive a private imperfect signal about which policy is correct. They can, but need not, recommend a policy to their neighbors in the social network prior to the vote. We show theoretically and empirically that communication can undermine efficiency of the vote and hence reduce welfare in a common interest setting. Both efficiency and existence of fully informative equilibria in which vote recommendations are always truthfully given and followed hinge on the structure of the communication network. If some voters have distinctly larger audiences than others, their neighbors should not follow their vote recommendation; however, they may do so in equilibrium. We test the model in a lab experiment and strong support for the comparative-statics and, more generally, for the importance of the network structure for voting behavior. *** Suggested citation: Buechel, B., L. Mechtenberg, (2017), 'The Swing Voter's Curse in Social Networks', Nota di Lavoro 5.2017, Milan, Italy: Fondazione Eni Enrico Mattei
特色分类D72;D83;D85;C91
关键词Strategic Voting Social Networks Information Aggregation
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-swing-voter-s-curse-in-social-networks/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118522
推荐引用方式
GB/T 7714
Berno Buechel,Lydia Mechtenberg. The Swing Voter's Curse in Social Networks. 2017.
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