The act of voting: Another challenge for behavioural economics

IF 1.8 Q3 ECONOMICS
Panagiotis Karadimas
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引用次数: 0

Abstract

Behavioural economists propose the ‘aspiration-based adaptive rule’ (ABAR) model in which a trial-and-error heuristic is developed to explain voter turnout. However, several problems appear. First, the model links propensity to vote with expected pay-offs that are in turn based on the extent to which the pay-offs of previous actions of voting exceeded the agents' aspirations. But this leads to an infinite regress to previous actions of voting, which has the consequence of leaving unexplained why people bother to vote in the first place. Second, the ABAR model is tautological for even if the model derives testable statistical distributions, the theoretical premises from which these predictions are derived are inevitably confirmed. As a result, the same premises can be used to explain both voting and abstention, and capture theoretically all possibilities.

投票行为:对行为经济学的又一挑战
行为经济学家提出了“基于期望的适应规则”(ABAR)模型,其中开发了一种试错启发式来解释选民投票率。然而,出现了几个问题。首先,该模型将投票倾向与预期收益联系起来,而预期收益又基于先前投票行为的收益超过代理人期望的程度。但这导致了对先前投票行为的无限回归,其结果是无法解释人们最初为什么要投票。其次,ABAR模型是同义反复的,因为即使该模型得出了可测试的统计分布,这些预测的理论前提也不可避免地得到了证实。因此,可以使用相同的前提来解释投票和弃权,并在理论上捕获所有可能性。
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来源期刊
ECONOMIC AFFAIRS
ECONOMIC AFFAIRS ECONOMICS-
CiteScore
1.40
自引率
14.30%
发文量
0
期刊介绍: Economic Affairs is a journal for those interested in the application of economic principles to practical affairs. It aims to stimulate debate on economic and social problems by asking its authors, while analysing complex issues, to make their analysis and conclusions accessible to a wide audience. Each issue has a theme on which the main articles focus, providing a succinct and up-to-date review of a particular field of applied economics. Themes in 2008 included: New Perspectives on the Economics and Politics of Ageing, Housing for the Poor: the Role of Government, The Economic Analysis of Institutions, and Healthcare: State Failure. Academics are also invited to submit additional articles on subjects related to the coverage of the journal. There is section of double blind refereed articles and a section for shorter pieces that are reviewed by our Editorial Board (Economic Viewpoints). Please contact the editor for full submission details for both sections.
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