G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10888
DP10888 Electoral Competition with Rationally Inattentive Voters
Guido Tabellini; Filip Matějka
发表日期2015-10-18
出版年2015
语种英语
摘要This paper studies how voters optimally allocate costly attention in a model of probabilistic voting. The equilibrium solves a modified social planning problem that reflects voters? choice of attention. Voters are more attentive when their stakes are higher, when their cost of information is lower and prior uncertainty is higher. We explore the implications of this in a variety of applications. In equilibrium, extremist voters are more influential and public goods are under-provided. The analysis also yields predictions about the equilibrium pattern of information, and about policy divergence by two opportunistic candidates. Endogenous attention can lead to multiple equilibria, explaining how poor voters in developing countries can be politically empowered by welfare programs.
主题Public Economics
关键词Behavioural political economy Electoral competition Rational inattention Salience
URLhttps://cepr.org/publications/dp10888
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539718
推荐引用方式
GB/T 7714
Guido Tabellini,Filip Matějka. DP10888 Electoral Competition with Rationally Inattentive Voters. 2015.
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