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by Fr0ntBack
3471 days ago
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Interesting finding. One of the problems with voting is that there is no incentive or a very small incentive to choose the candidate with the best policies, because the chance of your vote making a difference is so small. Therefore people vote for a candidate that makes them feel good, rather than a competent one. This is arguably the cause of many bad policies. Caplan discusses this issue in his book 'The Myth of the Rational Voter' https://en.wikipedia.org/wiki/The_Myth_of_the_Rational_Voter |
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This paper argues that voting for social reasons ("this result will benefit society") is sensible even in large elections. The value depends on the percent turnout, but not on population size.