The equivalence between costly and probabilistic voting models


In costly voting models, voters abstain when a stochastic cost of voting exceeds the benefit from voting. In probabilistic voting models, they always vote for a candidate who generates the highest utility, which is subject to random shocks. We prove an equivalence result: In two-candidate elections, given any costly voting model, there exists a… (More)
DOI: 10.1016/j.geb.2013.03.001


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