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Vote Splitting as Insurance against Uncertainty

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  • Bugarin, Mauricio Soares

Abstract

The present article offers a rational choice explanation for political ticket splitting. It considers a game-theoretic model of voting and bargaining within Congress and between Congress and the president. When parties are ideologically oriented and voters' utilities are state dependent, the model shows that, if there is uncertainty about the true state of the world, ticket splitting emerges as a tool risk-averse voters use in order to insure themselves against extreme policies in bad states of nature. Copyright 1999 by Kluwer Academic Publishers

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  • Bugarin, Mauricio Soares, 1999. "Vote Splitting as Insurance against Uncertainty," Public Choice, Springer, vol. 98(1-2), pages 153-169, January.
    • Handle: RePEc:kap:pubcho:v:98:y:1999:i:1-2:p:153-69
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    Cited by:

    1. Rodrigo Schneider & Diloá Athias & Mauricio Bugarin, 2019. "Does enfranchisement affect fiscal policy? Theory and empirical evidence on Brazil," Economics of Governance, Springer, vol. 20(4), pages 389-412, December.
    2. Dal Bó, Ernesto, 2007. "Comment," LSE Research Online Documents on Economics 123067, London School of Economics and Political Science, LSE Library.
    3. Umeno, Luis Gustavo & Bugarin, Maurício Soares, 2008. "Electoral Control in the Presence of Moral Hazard and Adverse Selection," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 28(1), May.
    4. Teixeira, Luciana & Bugarin, Mauricio & Dowell, Maria Cristina Mac, 2004. "Political Economy of Intermunicipal Health Consortia Formation: Effects of Income and Preference Heterogeneity among Municipalities," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 24(2), November.
    5. Bugarin, Mauricio S., 2009. "Vote Splitting, Reelection and Electoral Control: Political Gridlocks, Ideology and the War on Terror," Insper Working Papers wpe_199, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.

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