Good Policy Choices Even When Voters Entertain Biased Beliefs: A Model with Endogenous Valence
In “The Myth of the Rational Voter” Brian Caplan shows that voters entertain systematically biased beliefs on a number of essential issues of economic policy and concludes that this leads democracies to choose bad policies. We introduce the psychological concept of mental models to address voters...
Tallennettuna:
Julkaisussa: | MAGKS - Joint Discussion Paper Series in Economics (Band 24-2008) |
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Päätekijät: | , |
Aineistotyyppi: | Arbeit |
Kieli: | englanti |
Julkaistu: |
Philipps-Universität Marburg
2008
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Linkit: | PDF-kokoteksti |
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MAGKS - Joint Discussion Paper Series in Economics