TY - JOUR
T1 - Sophisticated Approval Voting, Ignorance Priors, and Plurality Heuristics
T2 - A Behavioral Social Choice Analysis in a Thurstonian Framework
AU - Regenwetter, Michel
AU - Ho, Moon Ho R.
AU - Tsetlin, Ilia
PY - 2007/10
Y1 - 2007/10
N2 - This project reconciles historically distinct paradigms at the interface between individual and social choice theory, as well as between rational and behavioral decision theory. The authors combine a utility-maximizing prescriptive rule for sophisticated approval voting with the ignorance prior heuristic from behavioral decision research and two types of plurality heuristics to model approval voting behavior. When using a sincere plurality heuristic, voters simplify their decision process by voting for their single favorite candidate. When using a strategic plurality heuristic, voters strategically focus their attention on the 2 front-runners and vote for their preferred candidate among these 2. Using a hierarchy of Thurstonian random utility models, the authors implemented these different decision rules and tested them statistically on 7 real world approval voting elections. They cross-validated their key findings via a psychological Internet experiment. Although a substantial number of voters used the plurality heuristic in the real elections, they did so sincerely, not strategically. Moreover, even though Thurstonian models do not force such agreement, the results show, in contrast to common wisdom about social choice rules, that the sincere social orders by Condorcet, Borda, plurality, and approval voting are identical in all 7 elections and in the Internet experiment.
AB - This project reconciles historically distinct paradigms at the interface between individual and social choice theory, as well as between rational and behavioral decision theory. The authors combine a utility-maximizing prescriptive rule for sophisticated approval voting with the ignorance prior heuristic from behavioral decision research and two types of plurality heuristics to model approval voting behavior. When using a sincere plurality heuristic, voters simplify their decision process by voting for their single favorite candidate. When using a strategic plurality heuristic, voters strategically focus their attention on the 2 front-runners and vote for their preferred candidate among these 2. Using a hierarchy of Thurstonian random utility models, the authors implemented these different decision rules and tested them statistically on 7 real world approval voting elections. They cross-validated their key findings via a psychological Internet experiment. Although a substantial number of voters used the plurality heuristic in the real elections, they did so sincerely, not strategically. Moreover, even though Thurstonian models do not force such agreement, the results show, in contrast to common wisdom about social choice rules, that the sincere social orders by Condorcet, Borda, plurality, and approval voting are identical in all 7 elections and in the Internet experiment.
KW - approval voting
KW - behavioral social choice
KW - decision heuristics
KW - expected utility
KW - sophisticated voting
UR - http://www.scopus.com/inward/record.url?scp=36148938384&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=36148938384&partnerID=8YFLogxK
U2 - 10.1037/0033-295X.114.4.994
DO - 10.1037/0033-295X.114.4.994
M3 - Article
C2 - 17907870
AN - SCOPUS:36148938384
SN - 0033-295X
VL - 114
SP - 994
EP - 1014
JO - Psychological review
JF - Psychological review
IS - 4
ER -