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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18076 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w18076 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575752 |
推荐引用方式 GB/T 7714 | Patrick Hummel,Brian Knight. Sequential or Simultaneous Elections? A Welfare Analysis. 2012. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18076.pdf(353KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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