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来源类型Working Paper
规范类型报告
DOI10.3386/w18076
来源IDWorking Paper 18076
Sequential or Simultaneous Elections? A Welfare Analysis
Patrick Hummel; Brian Knight
发表日期2012-05-10
出版年2012
语种英语
摘要This paper addresses a key question on the design of electoral systems. Should all voters vote on the same day or should elections be staggered, with late voters observing early returns before making their decisions? Using a model of voting and social learning, we illustrate that sequential elections place too much weight on the preferences and information of early states but also provide late voters with valuable information. Under simultaneous elections, voters equally weigh the available information but place too much weight on their priors, providing an inappropriate advantage to front-runners. Given these trade-offs, simultaneous elections are welfare-preferred if the front-runner initially has a small advantage, but sequential elections are welfare-preferred if the front-runner initially has a large advantage. We then quantitatively evaluate this trade-off using data based on the 2004 presidential primary. The results suggest that simultaneous systems outperform sequential systems although the difference in welfare is relatively small.
主题Microeconomics ; Welfare and Collective Choice ; Economics of Information
URLhttps://www.nber.org/papers/w18076
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575752
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Patrick Hummel,Brian Knight. Sequential or Simultaneous Elections? A Welfare Analysis. 2012.
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