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Political Media Contests and Confirmatory Bias

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  • Jacobsson, Adam

    ()
    (Dept. of Economics, Stockholm University)

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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Bibliographic 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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Web page: http://www.ne.su.se/
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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;

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  1. Matthew Rabin., 1997. "Psychology and Economics," Economics Working Papers 97-251, University of California at Berkeley.
  2. Stergios Skaperdas, 1996. "Contest success functions (*)," Economic Theory, Springer, vol. 7(2), pages 283-290.
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