Pocketbook voting and social preferences in referenda

Konferenzbeitrag

We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat-rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated with each ticket. We find that turnout is much higher among students who benefit a lot from having a ticket, suggesting instrumental voting. In each referendum, a majority votes in line with self-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and paternalism shift the vote of a sizeable minority against their own financial interest.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2015: Ökonomische Entwicklung - Theorie und Politik - Session: Political Economy III ; No. C21-V2

Classification and Topics

• Classification: Wirtschaft ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Public Goods ; Altruism; Philanthropy; Intergenerational Transfers

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Meya, Johannes ; Poutvaara, Panu ; Schwager, Robert
• Event: Veröffentlichung
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/113120
• Last update: 10.03.2025, 11:43 AM CET