Why we vote
Putting voting on a formula. Does it make sense?
Why do we vote? Political scientists William H. Riker and Peter C. Ordershook answered this question with the following statement in their seminal paper “The Calculus of Voting” (1968):
R = P*B - C +D
At the first glance, the above does not seem to make much sense. How can we put a democratic act such…