1.3. Around 130 million voters participated in the 2008 U.S. presidential election. Imagine that you are deciding...

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1.3. Around 130 million voters participated in the 2008 U.S. presidential election. Imagine that you are deciding whether to vote in the next presidential election. What do you think is the probability that your vote will determine the outcome of the election? Is it greater than 1%, between 1% and 0.1 %, between 0.1% and 0.01 %, or less than 0.01% (i.e., less than 1 in 10,000)?

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Modern Principles Microeconomics

ISBN: 9781429239998

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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