Random Errors, Dirty Information, and Politics
AbstractRational voters' assessments of candidates and policy proposals are unbiased but affected by random errors. 'Clean' information decreases these errors, while 'dirty' information increases them. In politics, most voting procedures weigh random individual errors asymmetrically. Thus, such errors do not counterbalance one another in the aggregate. They systematically affect politics. This illuminates the roles of political propaganda and interest groups. It helps to explain various puzzles in public choice, e.g., the frequent use of inefficient policy instruments. Institutional conditions are identified that shape the aggregate impact of individual errors and the politicians' incentives to produce dirty information. Copyright 1996 by Kluwer Academic Publishers
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 86 (1996)
Issue (Month): 1-2 (January)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100332
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Schelker, Mark & Eichenberger, Reiner, 2010. "Auditors and fiscal policy: Empirical evidence on a little big institution," Journal of Comparative Economics, Elsevier, vol. 38(4), pages 357-380, December.
- Reiner Eichenberger & Mark Schelker, 2007. "Independent and competing agencies: An effective way to control government," Public Choice, Springer, vol. 130(1), pages 79-98, January.
- Bryan Caplan, 2002. "Systematically Biased Beliefs About Economics: Robust Evidence of Judgemental Anomalies from the Survey of Americans and Economists on the Economy," Economic Journal, Royal Economic Society, vol. 112(479), pages 433-458, April.
- Reiner Eichenberger & Felix Oberholzer-Gee, 1998.
"Rational moralists: The role of fairness in democratic economic politics,"
Springer, vol. 94(1), pages 191-210, January.
- Eichenberger, Reiner & Oberholzer-Gee, Felix, 1998. " Rational Moralists: The Role of Fairness in Democratic Economic Politics," Public Choice, Springer, vol. 94(1-2), pages 191-210, January.
- Hans Pitlik, 2001. "Politikberatung der Öffentlichkeit?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 2(1), pages 61-73, 02.
- Eckardt, Martina, 2004. "Evolutionary approaches to legal change," Thuenen-Series of Applied Economic Theory 47, University of Rostock, Institute of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.