3. Many voters go to the polls every four years to cast their ballot for president. The...
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3. Many voters go to the polls every four years to cast their ballot for president. The common refrain from those who vote is that their vote “counts” and that voting is important. A skeptical economist points out that with over 100 million ballots cast, the probability that any individual’s vote will be decisive is close to 0%. What idea, discussed in this chapter, explains why so many people actually vote?
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