English, Article, Journal or magazine article edition: Social Preferences and Voting: An Exploration Using a Novel Preference Revealing Mechanism Messer, Kent D.; Poe, Gregory L.; Rondeau, Daniel; ...

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Bookmark: http://trove.nla.gov.au/version/148420
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Social Preferences and Voting: An Exploration Using a Novel Preference Revealing Mechanism
Author
  • Messer, Kent D.
  • Poe, Gregory L.
  • Rondeau, Daniel
  • Schulze, William D.
  • Vossler, Christian
Physical Description
  • preprint
Notes
  • Public referenda are frequently used to determine the provision of public goods. As public programs have distributional consequences, a compelling question is what role if any social preferences have on voting behavior. This paper explores this issue using laboratory experiments wherein voting outcomes lead to a known distribution of net benefits across participants. Preferences are elicited using a novel Random Price Voting Mechanism (RPVM), which is a more parsimonious mechanism than dichotomous choice referenda, but gives consistent results. Results suggest that social preferences, in particular a social efficiency motive, lead to economically meaningful deviations from self-interested voting choices and increase the likelihood that welfare-enhancing programs are implemented.
  • Institutional and Behavioral Economics, Research Methods/​ Statistical Methods, C91, C92, D64, D72, H41,
  • RePEc:ags:cudawp:51132
Language
  • English
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