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Political Media Contests and Confirmatory Bias

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Author Info
Jacobsson, Adam () (Dept. of Economics, Stockholm University)

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Abstract

This paper models a two-period media contest between two political

candidates campaigning to win an election. Two main cases

are examined. In the first case voters behave as unbiased Bayesian

updaters when assessing political information. The second case considers

voters suffering from confirmatory bias. In the first case I find

that candidates spend equal amounts of their campaign funds in both

periods in equilibrium. In the second case, candidates spend more

in period one. A candidate with better media access (in period one)

does, however, better if voters suffer from confirmatory bias than if

they do not.

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Publisher Info
Paper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2002:3.

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Length: 25 pages
Date of creation: 29 Jan 2002
Date of revision:
Handle: RePEc:hhs:sunrpe:2002_0003

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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
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Related research
Keywords: Election campaigns; voting behavior; confirmatory bias. Election campaigns; voting behavior; confirmatory bias. Election campaigns; voting behavior; confirmatory bias. Election campaigns; voting behavior; confirmatory bias;

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Matthew Rabin, 1998. "Psychology and Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 11-46, March. [Downloadable!] (restricted)
  2. Skaperdas, Stergios, 1996. "Contest Success Functions," Economic Theory, Springer, vol. 7(2), pages 283-90, February.
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