Economic Models of Voting

An overview of the competency and low-cost economic models of voting.

This paper examines how it is generally believed that the more the economy grows or slows down, the more all voters reward or punish the incumbent party for improving or worsening their economic situation and how presidential approval ratings often drive the results of the economic models of voting. It looks at how these approval ratings are typically conceptualized as capturing both non-economic factors and other economic factors beyond near-election economic growth. It discuss two major economic models, the competency and low-cost of voting, both of which show how economic outcomes may affect party choice.

Written By wed

Leave a Reply

Your email address will not be published. Required fields are marked *