The more irrational it is to vote, the stronger the selection bias in the voting population in favour of irrational voters. You might prefer (as I do) that politicians be elected by as rational a population as possible, all else being equal.
(On the other hand, the same bias that reduces voting by more rational people probably also reduces voting by more selfish people, since such benefits as there are from voting typically accrue to the population at large. I'm not sure what level of selfishness I want among the voting population.)
If it means my bayesian altruists are doing something more effective than queuing at the polling station, I'm happy with that.
Today is the midterm elections in the United States, and I am not voting.
For the vast majority of elections, voting is irrational, because the individual's vote is proportionately very small. This means it cannot have an effect on the outcome.
There are, however, conditions which can lead to voting becoming rational, and these are: