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- What are some possible ways to encourage voter participation and overcome rational ignorance?Answers to all 4 partsAssume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-rightspectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the mostright leaning preference. Suppose these voters will choose between candidates Smith and Jonesin an upcoming election.Assuming the following voter preferences:Voter ID Preference (1-9)A 4B 5C 6A. True/False Explain: If the median voter theorem holds, candidates Smith and Jones willeither both adopt preference 5 OR one will adopt preference 4 while the other adoptspreference 6.B. Suppose the electorate becomes more polarized; A moves from 4 to 1 while C moves from 6to 9. B remains at 5. How does the median voter model predict candidates Smith and Joneswill change their preference?C. Keeping the assumptions from…urgent 1.11. Because ties are possible in the United States Senate, the Constitution provides for the vice president to cast a tie-breaking vote. One cantherefore think of the Senate as a body with 101 voters, 100 of whomare senators and one of whom is the vice president. The rules dictatethat the vice president votes only to break ties and not otherwise. Is thissystem anonymous?
- The New York City Council is ready to vote on two billsthat authorize the construction of new roads in Manhattanand Brooklyn. If the two boroughs join forces, they can passboth bills, but neither borough by itself has enough powerto pass a bill. If a bill is passed, then it will cost the taxpayersof each borough $1 million, but if roads are built in aborough, the benefits to the borough are estimated to be $10million. The council votes on both bills simultaneously, andeach councilperson must vote on the bills without knowinghow anybody else will vote. Assuming that each boroughsupports its own bill, determine whether this game has anyequilibrium points. Is this game analogous to the Prisoner’sDilemma? Explain why or why not.7. According to public choice theory, polices with concentrated benefits and diffused costa are most ikely when Not yet answeied O a. voters are rationally ignorant of a topic and special interests are actively lobbying. O b. the policy involves the redistribution of income. O c there is a two party system. O d. voters have a wide range of preterences, with no consensun. 8. Positive economics is about: O a. describing, xplaining, or predicting economic events. O b. making recommendations about what economic policy should be. O c. prescribing and making aclaim on the economy. O d. veritying and confirming economic polikyTwo political candidates are vying for town mayor,and the key issue is how much to spend onthe annual Fourth of July fireworks. Among the100 voters, 40 want to spend $30,000, 30 want tospend $10,000, and 30 want to spend nothing atall. What is the winning position on this issue?a. $10,000b. $15,000c. $20,000d. $30,000
- 1.14. Consider a variation on the idea of a weighted voting system, inwhich one or more voters is given a negative weight. Show that sucha system is not monotone. If a voter knows that the method assigns anegative weight to her vote, how will she be inclined to cast her ballot?Is pork-barrel spending always a bad thing? Can you think of some examples of pork-barrel projects, perhaps from your own district, that have had positive results?Why does a voting cycle make it impossible to decide on a majority-approved choice?
- Given that rational ignorance discourages some people from becoming informed about elections, is it necessarily a good idea to encourage greater voter turnout? Why or why not?How can pork-barrel spending occur in a situation of majority voting when it benefits only a small group?How does rational ignorance discourage voting?