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Comments on: Precommitment without external help http://www.tvhe.co.nz/2012/12/06/precommitment-without-external-help/ The Visible Hand in Economics Sat, 08 Dec 2012 03:20:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Eric Crampton http://www.tvhe.co.nz/2012/12/06/precommitment-without-external-help/#comment-40281 Sat, 08 Dec 2012 03:20:00 +0000 http://www.tvhe.co.nz/?p=7886#comment-40281 In reply to jamesz.

Look to the expressive voting literature starting with Brennan and Lomasky’s book, 1986, “Democracy and Decision”.

]]> By: jamesz http://www.tvhe.co.nz/2012/12/06/precommitment-without-external-help/#comment-40279 Fri, 07 Dec 2012 09:15:00 +0000 http://www.tvhe.co.nz/?p=7886#comment-40279 In reply to Eric Crampton.

Interesting. I haven’t read any of the voting literature so the idea of identity as a maximising choice is new to me. It sounds interesting, but have the endogeneity problems of choice/identity been disentangled? I could search this but I’m sure you can point to a paper off the top of your head 😛

]]> By: Eric Crampton http://www.tvhe.co.nz/2012/12/06/precommitment-without-external-help/#comment-40274 Thu, 06 Dec 2012 20:13:00 +0000 http://www.tvhe.co.nz/?p=7886#comment-40274 I like that Sunstein piece. For me, it ties in very nicely into the expressive voting literature (Brennan/Buchanan, Brennan/Lomasky, Brennan/Hamlin). There’s no reason to expect inefficiency in consumption choices where identity issues are at play – people weigh up those costs and benefits along with everything else. But expressiveness is really cheap at the ballot box and, because it comes with 100% probability rather than the 0% attached to instrumental considerations there, swamps instrumental voting.

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