Information Aggregation, Growth and Franchise Extension with Applications to Female Enfranchisement and Inequality

John Fender, Christopher Ellis

Research output: Contribution to journalArticlepeer-review

Abstract

We develop a model of voluntary gradual franchise extension and growth based on the idea that voting is an information aggregation mechanism. A larger number of voters means that more correct decisions are made, hence increasing output, but also implies that any incremental output must be shared among more individuals. These conflicting incentives lead to a dynamic model of franchise extensions that is consistent with several real world episodes, including female enfranchisement. The model also predicts that in certain circumstances growth and enfranchisement will be accompanied by Kuznets curve type behaviour in inequality. Contrary to the preceding literature these conclusions do not rest of incentives for strategic delegation.
Original languageEnglish
Pages (from-to)239-267
Number of pages38
JournalBulletin of Economic Research
Volume68
Issue number3
Early online date23 Apr 2015
DOIs
Publication statusPublished - Jul 2016

Keywords

  • growth, franchise extension, democracy

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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