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V. O. Key Formalized: Retrospective Voting as an Adaptive Process

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Abstract:

Since V. O. Key’s seminal work, retrospective voting been regarded as a major component of voting theory,
spawning a rich variety of models of voter choice utilizing Key’s basic idea that the incumbent’s
performance influences citizens’ votes. However, these models often assume that voters are fully rational
and, for example, update their beliefs in accord with Bayes’ rule. We suspect that Key had a less heroic
view of voter cognition, and we propose a formalization of his verbal theory that we believe is closer to the
spirit of his ideas. Our model is based on two fundamental axioms of aspiration-based retrospective voting:
if an incumbent performed “well” (i.e., above voter A’s aspiration level) then A’s propensity to vote for the
incumbent will rise; if an incumbent performed “poorly” (below A’s aspiration level) then A’s propensity to
vote for the incumbent falls. These two assumptions, together with some postulates about how aspirations
adjust, form the core of our model. We show analytically that citizens endogenously develop partisan
voting tendencies, even though they lack overt political ideologies and instead simply vote retrospectively
in the above manner. Further, this result is robust against perceptual errors (citizens evaluating an
incumbent’s performance incorrectly), given the conventional benchmark assumptions of independent and
identically distributed errors. Lastly, we supplement this analytical model, which is spare in several
respects, with a computational model that enables us to examine richer voting contexts.

Most Common Document Word Stems:

1 (255), vote (186), voter (150), j (110), propens (97), probabl (93), 2 (90), d (79), payo (74), x (73), citizen (71), pi (69), parti (68), one (68), incumb (66), r (61), adjust (60), proposit (57), interest (57), model (57), 0 (56),

Author's Keywords:

adaptive behavior, voting, voting behavior, retrospective voting
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Association:
Name: American Political Science Association
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http://www.apsanet.org


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MLA Citation:

Bendor, Jonathan., Kumar, Sunil. and Siegel, David. "V. O. Key Formalized: Retrospective Voting as an Adaptive Process" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC, Sep 01, 2005 <Not Available>. 2011-03-14 <http://www.allacademic.com/meta/p40005_index.html>

APA Citation:

Bendor, J. , Kumar, S. and Siegel, D. A. , 2005-09-01 "V. O. Key Formalized: Retrospective Voting as an Adaptive Process" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC Online <APPLICATION/PDF>. 2011-03-14 from http://www.allacademic.com/meta/p40005_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: Since V. O. Key’s seminal work, retrospective voting been regarded as a major component of voting theory,
spawning a rich variety of models of voter choice utilizing Key’s basic idea that the incumbent’s
performance influences citizens’ votes. However, these models often assume that voters are fully rational
and, for example, update their beliefs in accord with Bayes’ rule. We suspect that Key had a less heroic
view of voter cognition, and we propose a formalization of his verbal theory that we believe is closer to the
spirit of his ideas. Our model is based on two fundamental axioms of aspiration-based retrospective voting:
if an incumbent performed “well” (i.e., above voter A’s aspiration level) then A’s propensity to vote for the
incumbent will rise; if an incumbent performed “poorly” (below A’s aspiration level) then A’s propensity to
vote for the incumbent falls. These two assumptions, together with some postulates about how aspirations
adjust, form the core of our model. We show analytically that citizens endogenously develop partisan
voting tendencies, even though they lack overt political ideologies and instead simply vote retrospectively
in the above manner. Further, this result is robust against perceptual errors (citizens evaluating an
incumbent’s performance incorrectly), given the conventional benchmark assumptions of independent and
identically distributed errors. Lastly, we supplement this analytical model, which is spare in several
respects, with a computational model that enables us to examine richer voting contexts.

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V.O.Key Formalized: Retrospective Voting as Adaptive Behavior Jon Bendor Sunil Kumar David Siegel Abstract Since V. O. Key’s seminal work retrospective voting been regarded as a major component of voting theory spawning a rich variety of models of voter choice utilizing Key’s basic idea that the incumbent’s performance influences citizens’ votes. However these models often assume that voters are fully rational and for example update their beliefs in accord with Bayes’ rule. We suspect that Key had a less
37 every incumbent implements the electorate’s common ideal point. Proof: By Fact 3 policy x is stable if and only if it generates high payoffs to a majority with certainty. Since x always wins if and only if case obtains an incumbent who chooses policies wins always if and only if this case obtains proving (i). If such a policy fails to obtain the lack of stability stated in part (ii) follows directly from (i). The rest of (ii)


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