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Information Aggregation in Large Protests: A Continuum Model
We study information transmission through informal elections. Our leading example is that of protests in which there may be positive costs or benefits of participation. The aggregate turnout provides information to a policy maker. However, the presence of activists adds noise to the turnout. The interplay between noise and participation costs leads to strategic substitution and complementarity effects in citizens’ participation choices, and we characterize the implications for the informativeness of protests. In particular, we show that rather than being a friction, costs may facilitate information transmission by lending credibility to protest participation.
Date:
14 February 2025, 14:15
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Seminar Room G
Speaker:
Stephan Lauermann (Bonn University)
Organising department:
Department of Economics
Part of:
Nuffield Economic Theory Seminar
Booking required?:
Not required
Audience:
Members of the University only
Editor:
Edward Valenzano