PRINCIPLES OF MICROECONOMICS (OER)
PRINCIPLES OF MICROECONOMICS (OER)
2nd Edition
ISBN: 9781947172340
Author: Timothy Taylor, Steven A. Greenlaw
Publisher: OpenStax
Textbook Question
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Chapter 18, Problem 1SCQ

Based on the theory of rational ignorance, what should we expect to happen to voter turnout as the internet makes information easier to obtain?

Expert Solution & Answer
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To determine

The expectation that will change the voter turnout when the information is available on the internet on the basis of theory of rational ignorance is to be determined.

Answer to Problem 1SCQ

The voter turnout is expected to be on a positive side as the people who are eligible to vote will take interest in casting their vote once the information is easily available on the internet.

Explanation of Solution

The rational ignorance theory is the theory which states that the people who are voting is of the view that their vote is not going to change anything and not even the results of the voting will get affected from their votes. The theory also indicates that the people will get to vote only when there is no cost to acquire the information and when such information is available on internet such people should not to spend much to acquire information and will start taking interest in the elections.

Thus, the above discussion shows that there is an expectation of increase in the voter turnout on the easy availability of information on the internet.

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PRINCIPLES OF MICROECONOMICS (OER)

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