Dmitriy Vorobyev , Azamat Valei , Andrei Matveenko
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引用次数: 0
Abstract
Using a pivotal costly voting model, we analyze how participation and approval quorum requirements, applied separately or jointly, affect turnout, election outcomes, and welfare. To characterize an optimal quorum rule, we first show that equally strict participation and approval quorums often yield similar outcomes, unless the two settings result in equilibria that differ in terms of whether voters can coordinate on participation. Second, any combination of quorum types can be replaced by either an approval or participation quorum alone, with negligible or no impact on equilibrium. Using these results, we suggest that to maximize turnout, no quorum is optimal unless low status quo support is expected, in which case a strict approval quorum is preferred. To increase the status quo’s chances of winning, a strict approval quorum or no quorum works best. From a voter welfare perspective, an approval quorum near half the electorate or no quorum at all are reasonable choices. These results hold whether we use Bayesian Nash equilibrium or quantal response equilibrium as the solution concept.
期刊介绍:
The aim of the European Journal of Political Economy is to disseminate original theoretical and empirical research on economic phenomena within a scope that encompasses collective decision making, political behavior, and the role of institutions. Contributions are invited from the international community of researchers. Manuscripts must be published in English. Starting 2008, the European Journal of Political Economy is indexed in the Social Sciences Citation Index published by Thomson Scientific (formerly ISI).