Does trading votes in national elections change election outcomes? |
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Authors: | Frank Daumann Alfred Wassermann |
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Institution: | 1. School of Social and Behavioral Sciences, Friedrich-Schiller-University Jena, Seidelstrasse 20, 07749, Jena, Germany 2. Mathematical Department, University of Bayreuth, 95440, Bayreuth, Germany
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Abstract: | Although forbidden in democratic states a market for votes could improve efficiency. This paper examines the way trading votes will change the outcome of an election. A two-party model with two phases is presented. In the pre-trading phase the two parties set their agendas consisting of a direct subsidy and an income tax. In the trading phase voters buy and sell votes. On the basis of rational voter behavior and a given income distribution, it is shown that the outcome of the election depends mainly on how the selling voters are distributed among the voters. |
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