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...
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Publikašuvnnas: | MAGKS - Joint Discussion Paper Series in Economics (Band 24-2008) |
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Váldodahkkit: | , |
Materiálatiipa: | Arbeit |
Giella: | eaŋgalasgiella |
Almmustuhtton: |
Philipps-Universität Marburg
2008
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Liŋkkat: | PDF-ollesdeaksta |
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MAGKS - Joint Discussion Paper Series in Economics