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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 |
URL | https://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. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2017130112031Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20171301120164NDL201(2662KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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