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Caltech

Ulric B. and Evelyn L. Bray Seminar in Political Economy

Tuesday, March 4, 2014
4:00pm to 5:00pm
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Baxter B125
Persuading Voters
Odilon Camara, Assistant Professor of Finance and Business Economics, University of Southern California,

We consider a symmetric information voting model where a group of uninformed voters must collectively choose a policy. An individual (information controller) can influence voters' choices by designing the information content of a public signal. We characterize the controller's optimal signal, and how it varies with the electoral rules and the distribution of voters' preferences. For instance, under a non-unanimous voting rule the controller can exploit voters' heterogeneity by designing a signal with realizations that target different minimum winning coalitions of voters. In anticipation of the controller's influence, voters can ex ante select the electoral rule. We characterize voters' preferences over electoral rules given how different rules endogenously affect the information that reaches voters. We provide conditions such that a majority of voters prefer a supermajority (or unanimity) voting rule, in order to induce the controller to supply a more informative signal.

For more information, please contact Gloria Bain by phone at Ext. 4089 or by email at [email protected].