Direct democracy in Australia: Voter behaviour in the choice between constitutional monarchy and a republic

Fry, T, Davidson, S and Jarvis, K 2006, 'Direct democracy in Australia: Voter behaviour in the choice between constitutional monarchy and a republic', European Journal of Political Economy, vol. 22, no. 4, pp. 862-873.


Document type: Journal Article
Collection: Journal Articles

Title Direct democracy in Australia: Voter behaviour in the choice between constitutional monarchy and a republic
Author(s) Fry, T
Davidson, S
Jarvis, K
Year 2006
Journal name European Journal of Political Economy
Volume number 22
Issue number 4
Start page 862
End page 873
Total pages 11
Publisher Elsevier
Abstract Opinion polls conducted throughout the 1990s indicate most Australians favor a republic. A referendum making that constitutional change, however, was defeated. This paper investigates whether voters employ a loss-minimization rule, as opposed to a value-maximization rule, when making political decisions. Based on the predictions of each rule, political strategies are devised and compared to the official arguments employed by republicans and monarchists during the period preceding the vote. Empirical research relates voting outcomes at the individual voter level to influences that are likely to be correlated with political risk aversion. The results are consistent with the conclusion that voters do not employ value-maximization rules.
Subject Applied Economics not elsewhere classified
DOI - identifier 10.1016/j.ejpoleco.2005.11.001
Copyright notice Copyright © 2005 Elsevier B.V. All rights reserved.
ISSN 0176-2680
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