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+-   Voting is rational after all-> on Friday October 17 2008, @07:38PM Anonymous Coward

Submitted by Anonymous Coward on Friday October 17 2008, @07:38PM
math
An anonymous reader writes "From an economist's point of view, voting doesn't make any sense. Your chance of deciding the election is maybe one in ten million — if the election is close. Even if the outcome is worth a lot to you — say, $20,000 — it's hardly worth your time and trouble for such a miniscule chance of impacting the outcome. So economists have concluded that voting is irrational, or at least that people do it just because it makes them feel dutiful. But a new economic analysis rescues voting from senselessness, if you're unselfish. Factor in the value to everyone, do some statistics, and voila! You might be earning $3000 an hour for your trip to the voting booth."
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