Should Candidates Flip a Coin If the Difference in Their Votes is Small?

13 Pages Posted: 28 Mar 2001

See all articles by Eric Bennett Rasmusen

Eric Bennett Rasmusen

Indiana University - Kelley School of Business - Department of Business Economics & Public Policy

Date Written: February 25, 2001

Abstract

A coin flip can be a good way to settle an election if the margin of victory is small and it is known that there is a good chance of fraud by one candidate. In that case, however, an even better rule is to award victory to the apparent loser.

Keywords: Voting, Elections, Bias, Estimation

JEL Classification: C11, C44, D70, D72, D81

Suggested Citation

Rasmusen, Eric Bennett, Should Candidates Flip a Coin If the Difference in Their Votes is Small? (February 25, 2001). Available at SSRN: https://ssrn.com/abstract=261688 or http://dx.doi.org/10.2139/ssrn.261688

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