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 language | English |
---|---|
Pages (from-to) | 239-267 |
Number of pages | 38 |
Journal | Bulletin of Economic Research |
Volume | 68 |
Issue number | 3 |
Early online date | 23 Apr 2015 |
DOIs | |
Publication status | Published - Jul 2016 |
Keywords
- growth, franchise extension, democracy
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)