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Persuasion and Information Aggregation in Elections

Author

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  • Carl Heese
  • Stephan Lauermann

Abstract

This paper studies a large majority election with voters who have heterogeneous, private preferences and exogenous private information about an unknown state of the world. We show that a Bayesian persuader can achieve any state-contingent outcome in some equilibrium by providing additional information. In this setting, without the persuader’s additional information, a version of the Condorcet jury theorem holds, in the sense that outcomes of large elections satisfy full-information equivalence (Feddersen and Pesendorfer, 1997). Persuasion does not require detailed knowledge of the voters’ private information, preferences, or the voting rule. It also requires almost no commitment power on the part of the persuader.

Suggested Citation

  • Carl Heese & Stephan Lauermann, 2019. "Persuasion and Information Aggregation in Elections," CRC TR 224 Discussion Paper Series crctr224_2019_128v2, University of Bonn and University of Mannheim, Germany, revised Dec 2024.
  • Handle: RePEc:bon:boncrc:crctr224_2019_128v2
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    File URL: https://www.crctr224.de/research/discussion-papers/archive/dp128
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    References listed on IDEAS

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    3. Jimmy Chan & Wing Suen, 2008. "A Spatial Theory of News Consumption and Electoral Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(3), pages 699-728.
    4. Fernandez, Raquel & Rodrik, Dani, 1991. "Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty," American Economic Review, American Economic Association, vol. 81(5), pages 1146-1155, December.
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    More about this item

    Keywords

    Voting; Information Aggregation; Persuasion; Bayes Correlated Equilibrium;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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