Coordination And Bandwagon Effects

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Coordination and Bandwagon Effects

Author : Riako Granzier
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis Coordination and Bandwagon Effects by : Riako Granzier

Download or read book Coordination and Bandwagon Effects written by Riako Granzier and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how past candidate rankings shape the behavior of voters and candidates. Using a regression discontinuity design in French two-round elections, we show that candidates who place first by only a small margin in the first round are more likely to stay in the race and win than those placed second. These effects are even larger for ranking second instead of third, and also present for third instead of fourth. Rankings' effects are largest when candidates have the same political orientation (making coordination more important), but remain strong when only two candidates qualify for the second round (and coordination is not needed). The effects stem from allied parties agreeing on which candidate should drop out, voters coordinating their choice, and the "bandwagon effect" of wanting to vote for the winner. We find similar results in two-round elections across 19 other countries.

Coordination and Bandwagon Effects

Author : Riako Granzier
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis Coordination and Bandwagon Effects by : Riako Granzier

Download or read book Coordination and Bandwagon Effects written by Riako Granzier and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how past candidate rankings shape the behavior of voters and candidates. Using a regression discontinuity design in French two-round elections, we show that candidates who place first by only a small margin in the first round are more likely to stay in the race and win than those placed second. These effects are even larger for ranking second instead of third, and also present for third instead of fourth. Rankings' effects are largest when candidates have the same political orientation (making coordination more important), but remain strong when only two candidates qualify for the second round (and coordination is not needed). The effects stem from allied parties agreeing on which candidate should drop out, voters coordinating their choice, and the "bandwagon effect" of wanting to vote for the winner. We find similar results in two-round elections across 19 other countries.

Coordination and Bandwagon Effects of Candidate Rankings

Author : Vincent Pons
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (114 download)

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Book Synopsis Coordination and Bandwagon Effects of Candidate Rankings by : Vincent Pons

Download or read book Coordination and Bandwagon Effects of Candidate Rankings written by Vincent Pons and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict others' behavior and make their own choices, voters and candidates can rely on information provided by polls and past election results. We isolate the impact of candidates' rankings using an RDD in French local and parliamentary two-round elections, where up to 3 or 4 candidates can qualify for the second round. Candidates who barely ranked first in the first round are more likely to run in the second round (5.6pp), win (5.8pp), and win conditionally on running (2.9 to 5.9pp), than those who barely ranked second. The effects are even larger for ranking second instead of third (23.5, 9.9, and 6.9 to 12.2pp), and also present for ranking third instead of fourth (14.6, 2.2, and 3.0 to 5.0pp). The impact of rankings is largest when the candidates have the same political orientation (making coordination relatively more important and desirable), but it remains strong when two candidates only qualify for the second round (and there is no need for coordination). Overall, our evidence suggests that both coordination and bandwagon effects are important drivers of the behavior of candidates and voters and of election outcomes.

Coordination and Bandwagon Effects of Candidate Rankings

Author : Vincent Pons
Publisher :
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (113 download)

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Book Synopsis Coordination and Bandwagon Effects of Candidate Rankings by : Vincent Pons

Download or read book Coordination and Bandwagon Effects of Candidate Rankings written by Vincent Pons and published by . This book was released on 2019 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict others' behavior and make their own choices, voters and candidates can rely on information provided by polls and past election results. We isolate the impact of candidates' rankings using an RDD in French local and parliamentary two-round elections, where up to 3 or 4 candidates can qualify for the second round. Candidates who barely ranked first in the first round are more likely to run in the second round (5.6pp), win (5.8pp), and win conditionally on running (2.9 to 5.9pp), than those who barely ranked second. The effects are even larger for ranking second instead of third (23.5, 9.9, and 6.9 to 12.2pp), and also present for ranking third instead of fourth (14.6, 2.2, and 3.0 to 5.0pp). The impact of rankings is largest when the candidates have the same political orientation (making coordination relatively more important and desirable), but it remains strong when two candidates only qualify for the second round (and there is no need for coordination). Overall, our evidence suggests that both coordination and bandwagon effects are important drivers of the behavior of candidates and voters and of election outcomes.

Rankings Matter Even when They Shouldn't

Author : Vincent Pons
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis Rankings Matter Even when They Shouldn't by : Vincent Pons

Download or read book Rankings Matter Even when They Shouldn't written by Vincent Pons and published by . This book was released on 2018 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict others’ behavior and make their own choices, voters and candidates can rely on information provided by polls and past election results. We isolate the impact of candidates’ rankings using an RDD in French local and parliamentary two-round elections, where up to 3 or 4 candidates can qualify for the second round. Candidates who barely ranked first in the first round are more likely to run in the second round (5.6pp), win (5.8pp), and win conditionally on running (2.9 to 5.9pp), than those who barely ranked second. The effects are even larger for ranking second instead of third (23.5, 9.9, and 6.9 to 12.2pp), and ranking third instead of fourth also increases candidates’ second round outcomes (14.6, 2.2, and 3.0 to 5.0pp). These results are largest when the candidates have the same political orientation (making coordination relatively more important and desirable), but they remain strong when two candidates only qualify for the second round (and there is no need for coordination), suggesting that bandwagon effect is an important driver of voter behavior and election outcomes.

The Large Effects of a Small Win

Author : Vincent Pons
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis The Large Effects of a Small Win by : Vincent Pons

Download or read book The Large Effects of a Small Win written by Vincent Pons and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Candidates' placements in polls, past elections, or early rounds of a multi-round election can be powerful coordination devices for parties and voters. Using a regression discontinuity design in French two-round elections, we show that candidates who place first by only a small margin in the first round are more likely to stay in the race, win, and win conditionally on staying in than those who come in a very close second. The impacts are even larger for ranking second instead of third, and also present for third instead of fourth. Rankings' effects are largest when candidates have the same political orientation (making coordination more important), but remain strong when two candidates only qualify for the second round (and coordination is not needed). They stem from allied parties agreeing on which candidate should drop out, voters coordinating their choice, and the "bandwagon effect" of wanting to vote for the winner.

Bandwagon Effects in High-technology Industries

Author : Jeffrey H. Rohlfs
Publisher : MIT Press
ISBN 13 : 9780262681384
Total Pages : 276 pages
Book Rating : 4.6/5 (813 download)

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Book Synopsis Bandwagon Effects in High-technology Industries by : Jeffrey H. Rohlfs

Download or read book Bandwagon Effects in High-technology Industries written by Jeffrey H. Rohlfs and published by MIT Press. This book was released on 2003 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of bandwagon effects in high technology industries, illustrated by historical and contemporary case studies.

Organizational Decision Making

Author : Zur Shapira
Publisher : Cambridge University Press
ISBN 13 : 9780521890502
Total Pages : 420 pages
Book Rating : 4.8/5 (95 download)

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Book Synopsis Organizational Decision Making by : Zur Shapira

Download or read book Organizational Decision Making written by Zur Shapira and published by Cambridge University Press. This book was released on 2002-03-25 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores decision making in organizations, highlighting the roles of incentive, conflict, power and politics.

The Handbook of Experimental Economics, Volume 2

Author : John H. Kagel
Publisher : Princeton University Press
ISBN 13 : 0691139997
Total Pages : 770 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Handbook of Experimental Economics, Volume 2 by : John H. Kagel

Download or read book The Handbook of Experimental Economics, Volume 2 written by John H. Kagel and published by Princeton University Press. This book was released on 2016-10-04 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable survey of new developments and results in experimental economics When The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new. Since then, the field has exploded. This second volume of the Handbook covers some of the most exciting new growth areas in experimental economics, presents the latest results and experimental methods, and identifies promising new directions for future research. Featuring contributions by leading practitioners, the Handbook describes experiments in macroeconomics, charitable giving, neuroeconomics, other-regarding preferences, market design, political economy, subject population effects, gender effects, auctions, and learning and the economics of small decisions. Contributors focus on key developments and report on experiments, highlighting the dialogue between experimenters and theorists. While most of the experiments consist of laboratory studies, the book also includes several chapters that report extensively on field experiments related to the subject area studied. Covers exciting new growth areas in experimental economics Features contributions by leading experts Describes experiments in macroeconomics, charitable giving, neuroeconomics, market design, political economy, gender effects, auctions, and more Highlights the dialogue by experimenters with theorists and each other Includes several chapters covering field experiments related to the subject area studied

Political Economy: Institutions, Competition and Representation

Author : William A. Barnett
Publisher : Cambridge University Press
ISBN 13 : 9780521428316
Total Pages : 540 pages
Book Rating : 4.4/5 (283 download)

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Book Synopsis Political Economy: Institutions, Competition and Representation by : William A. Barnett

Download or read book Political Economy: Institutions, Competition and Representation written by William A. Barnett and published by Cambridge University Press. This book was released on 1993-07-30 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contents of this volume are drawn from the seventh International Symposium in Economic Theory and Econometrics, and represent recent advances in the development of concepts and methods in political economy. Contributors include leading practitioners working on formal, applied, and historical approaches to the subject. The collection will interest scholars in the fields of political science and political sociology no less than economics. Part I outlines relevant concepts in political economy, including implementation, community, ideology, and institutions. Part II covers theory and applications of the spatial model of voting. Part III considers the different characteristics that govern the behaviour of institutions, while Part IV analyses competition between political representatives. Part V is concerned with the way in which government acquires information held by voters or advisors, and Part VI addresses government choice on monetary policy and taxation.

A Behavioral Theory of Elections

Author : Jonathan Bendor
Publisher : Princeton University Press
ISBN 13 : 1400836808
Total Pages : 269 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis A Behavioral Theory of Elections by : Jonathan Bendor

Download or read book A Behavioral Theory of Elections written by Jonathan Bendor and published by Princeton University Press. This book was released on 2011-01-17 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most theories of elections assume that voters and political actors are fully rational. While these formulations produce many insights, they also generate anomalies--most famously, about turnout. The rise of behavioral economics has posed new challenges to the premise of rationality. This groundbreaking book provides a behavioral theory of elections based on the notion that all actors--politicians as well as voters--are only boundedly rational. The theory posits learning via trial and error: actions that surpass an actor's aspiration level are more likely to be used in the future, while those that fall short are less likely to be tried later. Based on this idea of adaptation, the authors construct formal models of party competition, turnout, and voters' choices of candidates. These models predict substantial turnout levels, voters sorting into parties, and winning parties adopting centrist platforms. In multiparty elections, voters are able to coordinate vote choices on majority-preferred candidates, while all candidates garner significant vote shares. Overall, the behavioral theory and its models produce macroimplications consistent with the data on elections, and they use plausible microassumptions about the cognitive capacities of politicians and voters. A computational model accompanies the book and can be used as a tool for further research.

Staying the Consumption Course

Author : Benjamin Krischan Schulte
Publisher : Springer
ISBN 13 : 3658087889
Total Pages : 240 pages
Book Rating : 4.6/5 (58 download)

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Book Synopsis Staying the Consumption Course by : Benjamin Krischan Schulte

Download or read book Staying the Consumption Course written by Benjamin Krischan Schulte and published by Springer. This book was released on 2015-01-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Benjamin Krischan Schulte develops a process-model of consumer lock-in in service relationships by connecting three areas of research: path dependence, consumer behavior and service relationship marketing. He defines consumer lock-in as a situation of a potentially unaware inability to switch from or exit a consumption process due to entrenchment with increasing barriers on the individual and/or social level. Switching barriers are elaborated as consumer lock-in mechanisms. The resulting process model is outlined and empirically examined in an explorative panel study of a service relationship process in higher education. The author ́s findings support the presence of consumer lock-in in services as an idiosyncratic process of gradual entrapment. The phenomenon has relevance for researchers and practitioners in complex service relationships, where lock-in was found to be a likely occurrence but difficult to grasp.

The Oxford Handbook of Political Economy

Author : Barry R. Weingast
Publisher : Oxford University Press
ISBN 13 : 0191563404
Total Pages : pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis The Oxford Handbook of Political Economy by : Barry R. Weingast

Download or read book The Oxford Handbook of Political Economy written by Barry R. Weingast and published by Oxford University Press. This book was released on 2008-06-20 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Over its long lifetime, "political economy" has had many different meanings: the science of managing the resources of a nation so as to provide wealth to its inhabitants for Adam Smith; the study of how the ownership of the means of production influenced historical processes for Marx; the study of the inter-relationship between economics and politics for some twentieth-century commentators; and for others, a methodology emphasizing individual rationality (the economic or "public choice" approach) or institutional adaptation (the sociological version). This Handbook views political economy as a grand (if imperfect) synthesis of these various strands, treating political economy as the methodology of economics applied to the analysis of political behavior and institutions. This Handbook surveys the field of political economy, with 58 chapters ranging from micro to macro, national to international, institutional to behavioral, methodological to substantive. Chapters on social choice, constitutional theory, and public economics are set alongside ones on voters, parties and pressure groups, macroeconomics and politics, capitalism and democracy, and international political economy and international conflict.

Decoding the Social World

Author : Sandra Gonzalez-Bailon
Publisher : MIT Press
ISBN 13 : 0262037076
Total Pages : 257 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Decoding the Social World by : Sandra Gonzalez-Bailon

Download or read book Decoding the Social World written by Sandra Gonzalez-Bailon and published by MIT Press. This book was released on 2017-12-22 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: How data science and the analysis of networks help us solve the puzzle of unintended consequences. Social life is full of paradoxes. Our intentional actions often trigger outcomes that we did not intend or even envision. How do we explain those unintended effects and what can we do to regulate them? In Decoding the Social World, Sandra González-Bailón explains how data science and digital traces help us solve the puzzle of unintended consequences—offering the solution to a social paradox that has intrigued thinkers for centuries. Communication has always been the force that makes a collection of people more than the sum of individuals, but only now can we explain why: digital technologies have made it possible to parse the information we generate by being social in new, imaginative ways. And yet we must look at that data, González-Bailón argues, through the lens of theories that capture the nature of social life. The technologies we use, in the end, are also a manifestation of the social world we inhabit. González-Bailón discusses how the unpredictability of social life relates to communication networks, social influence, and the unintended effects that derive from individual decisions. She describes how communication generates social dynamics in aggregate (leading to episodes of “collective effervescence”) and discusses the mechanisms that underlie large-scale diffusion, when information and behavior spread “like wildfire.” She applies the theory of networks to illuminate why collective outcomes can differ drastically even when they arise from the same individual actions. By opening the black box of unintended effects, González-Bailón identifies strategies for social intervention and discusses the policy implications—and how data science and evidence-based research embolden critical thinking in a world that is constantly changing.

Self-Reinforcing Processes in and among Organizations

Author : J. Sydow
Publisher : Springer
ISBN 13 : 0230392830
Total Pages : 275 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Self-Reinforcing Processes in and among Organizations by : J. Sydow

Download or read book Self-Reinforcing Processes in and among Organizations written by J. Sydow and published by Springer. This book was released on 2013-01-11 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management and organization research has rediscovered individual agency, innovation and entrepreneurship. As such, there is a risk of overlooking the power of self-reinforcing processes in and among organizations. This volume redirects attention to these processes, including: escalating commitment, organizational imprinting and path dependence.

Advanced Topics in Information Technology Standards and Standardization Research, Volume 1

Author : Jakobs, Kai
Publisher : IGI Global
ISBN 13 : 1591409403
Total Pages : 358 pages
Book Rating : 4.5/5 (914 download)

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Book Synopsis Advanced Topics in Information Technology Standards and Standardization Research, Volume 1 by : Jakobs, Kai

Download or read book Advanced Topics in Information Technology Standards and Standardization Research, Volume 1 written by Jakobs, Kai and published by IGI Global. This book was released on 2005-12-31 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A collection of articles addressing a variety of aspects related to IT standards and the setting of standards"--Provided by publisher.

Liberalism, Conservatism, and Hayek's Idea of Spontaneous Order

Author : P. McNamara
Publisher : Springer
ISBN 13 : 0230609228
Total Pages : 233 pages
Book Rating : 4.2/5 (36 download)

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Book Synopsis Liberalism, Conservatism, and Hayek's Idea of Spontaneous Order by : P. McNamara

Download or read book Liberalism, Conservatism, and Hayek's Idea of Spontaneous Order written by P. McNamara and published by Springer. This book was released on 2007-10-29 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: For Hayek, spontaneous order - the emergence of complex order as the unintended consequence of individual actions that have no such end in view - is both the origin of the Great Society and its underlying principle. These sometimes critical essays assess Hayek's position and argue that his work can inform contemporary social and political dilemmas.