Voting as Investment vs. Voting as Consumption: New Evidence

JOEL M. GUTTMAN, NAFTALI HILGER, YOCHANAN SHACHMUROVE

Research output: Contribution to journalArticlepeer-review

26 Scopus citations

Abstract

The 'paradox of voting'is a long-discussed issue in the public choice literature. If voting is a form of investment in electoral outcomes, why do people vote, given their infinitesimal effect on the electoral outcome? Note that this question assumes that voting is a form of investment. There is an alternative view that voting is a form of consumption (a kind of entertainment, or a means of satisfying the voter's desire to participatc in the democratic process). On this view, voting is no more paradoxical than many other forms of
Original languageEnglish
Pages (from-to)197-207
Number of pages11
JournalKyklos
Volume47
Issue number2
DOIs
StatePublished - May 1994

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