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The Rational Voter Paradox Revisited

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  • Peters, Emory

Abstract

The rational voter paradox rests on two fundamental assumptions. First, that voters are risk neutral. Second, that voters make decisive vote computations. The implications of maximizing the expected utility of wealth rather than the utility of expected wealth are explored. The validity of decisive vote computations are examined through concepts of weak and strict in the limit free rider assumptions. The paper proposes a margin of victory model of voting behavior based on information levels and the political division of labor. Copyright 1998 by Kluwer Academic Publishers

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  • Peters, Emory, 1998. "The Rational Voter Paradox Revisited," Public Choice, Springer, vol. 97(1-2), pages 179-195, October.
  • Handle: RePEc:kap:pubcho:v:97:y:1998:i:1-2:p:179-95
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    Cited by:

    1. Robert Grafstein, 2002. "What Rational Political Actors Can Expect," Journal of Theoretical Politics, , vol. 14(2), pages 139-165, April.
    2. Mitch Kunce, 2001. "Pre-Election Polling and the Rational Voter: Evidence from State Panel Data (1986–1998)," Public Choice, Springer, vol. 107(1), pages 21-34, April.

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