g. In Chapter 27, we suggested that one way charitable organizations overcome free-rider problems among potential donors
Question:
g. In Chapter 27, we suggested that one way charitable organizations overcome free-rider problems among potential donors is to find ways of eliciting within donors a “warm glow”
from giving. Can you think of an analogous explanation that can rationalize why so many people vote in large elections?
h. Suppose that the voters who do not vote are those who are “disillusioned.” What positions might two candidates take on the Hotelling interval [0,1] if the disillusioned voters (who do not vote) are those who cannot find a candidate whose position is within 3/16ths of their ideal point? Could we have an equilibrium where the extreme ends of the political spectrum do not vote? Could we have one where the center does not vote?
Step by Step Answer:
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba