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Introduction to The Myth of the Rational Voter: Why Democracies Choose Bad Policies

In: The Myth of the Rational Voter: Why Democracies Choose Bad Policies

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  1. Ekonomisti nemaju privilegiranu govornicu
    by cronomy in Cronomy on 2012-12-19 06:22:22

Citations

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Cited by:

  1. Daniel J. Smith, 2020. "Turn-taking in office," Constitutional Political Economy, Springer, vol. 31(2), pages 205-226, June.
  2. Kirchgaessner, Gebhard, 2015. "Das zukünftige Verhältnis von Kapitalismus und Demokratie aus ökonomischer Sicht," Economics Working Paper Series 1506, University of St. Gallen, School of Economics and Political Science.
  3. Jo Thori Lind & Dominic Rohner, 2017. "Knowledge is Power: A Theory of Information, Income and Welfare Spending," Economica, London School of Economics and Political Science, vol. 84(336), pages 611-646, October.
  4. Leigh, Andrew & Susilo, Tirta, 2009. "Is voting skin-deep? Estimating the effect of candidate ballot photographs on election outcomes," Journal of Economic Psychology, Elsevier, vol. 30(1), pages 61-70, February.
  5. Anthony J. Evans, 2016. "The unintended consequences of easy money: How access to finance impedes entrepreneurship," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(3), pages 233-252, September.
  6. Pedro Henrique Martins Prado & Cleomar Gomes da Silva, 2020. "Wagner’s Law and Fiscal Illusion: An analysis of state government finances in Brazil," Review of Development Economics, Wiley Blackwell, vol. 24(2), pages 628-643, May.
  7. Kirchgässner, Gebhard, 2012. "Sanfter Paternalismus, meritorische Güter, und der normative Individualismus," Economics Working Paper Series 1217, University of St. Gallen, School of Economics and Political Science.
  8. Mario Mechtel & Niklas Potrafke, 2013. "Electoral cycles in active labor market policies," Public Choice, Springer, vol. 156(1), pages 181-194, July.
  9. John Maloney & Andrew Pickering, "undated". "Voting and the macroeconomy: separating trend from cycle," Discussion Papers 11/14, Department of Economics, University of York.
  10. Alberto Bisin & Alessandro Lizzeri & Leeat Yariv, 2015. "Government Policy with Time Inconsistent Voters," American Economic Review, American Economic Association, vol. 105(6), pages 1711-1737, June.
  11. Eric Groenendyk & Yanna Krupnikov, 2021. "What Motivates Reasoning? A Theory of Goal‐Dependent Political Evaluation," American Journal of Political Science, John Wiley & Sons, vol. 65(1), pages 180-196, January.
  12. Alexander William Salter, 2016. "Post-Cameralist Governance: Towards a Robust Political Economy of Bureaucracy," Economic Affairs, Wiley Blackwell, vol. 36(3), pages 294-308, October.
  13. André de Palma & Gordon M. Myers & Yorgos Y. Papageorgiou, 2023. "Imperfect public choice," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(4), pages 1413-1429, November.
  14. Jante Parlevliet, 2017. "What drives public acceptance of reforms? Longitudinal evidence from a Dutch pension reform," Public Choice, Springer, vol. 173(1), pages 1-23, October.
  15. Richard Cebula & Franklin Mixon, 2012. "Dodging the vote?," Empirical Economics, Springer, vol. 42(1), pages 325-343, February.
  16. Joseph McMurray, 2017. "Ideology as Opinion: A Spatial Model of Common-Value Elections," American Economic Journal: Microeconomics, American Economic Association, vol. 9(4), pages 108-140, November.
  17. Friedrich Heinemann & Theocharis Grigoriadis, 2016. "Origins of reform resistance and the Southern European regime," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 43(4), pages 661-691, November.
  18. J. R. Clark & Dwight R. Lee, 2016. "Higher costs appeal to voters: implications of expressive voting," Public Choice, Springer, vol. 167(1), pages 37-45, April.
  19. Castanheira, Micael & Profeta, Paola & Nicodème, Gaëtan, 2011. "On the political economics of tax reforms," CEPR Discussion Papers 8507, C.E.P.R. Discussion Papers.
  20. David Hirshleifer, 2008. "Psychological Bias as a Driver of Financial Regulation," European Financial Management, European Financial Management Association, vol. 14(5), pages 856-874, November.
  21. R. Kiewet & Andrea Mattozzi, 2008. "Voter Rationality and Democratic Government," Levine's Bibliography 786969000000001719, UCLA Department of Economics.
  22. Daniel J. Smith & Noah J. Trudeau, 2019. "The Undertaker’s Cut: Challenging the Rational Basis for Casket Licensure," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 34(Summer 20), pages 23-41.
  23. Jorge M. Streb & Gustavo Torrens, 2011. "La economía política de la política fiscal," CEMA Working Papers: Serie Documentos de Trabajo. 455, Universidad del CEMA.
  24. Mishagina, Natalia & Montmarquette, Claude, 2021. "The role of beliefs in supporting economic policies: The case of the minimum wage," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 1059-1087.
  25. Tito Boeri & Prachi Mishra & Chris Papageorgiou & Antonio Spilimbergo, 2021. "Populism and Civil Society," Economica, London School of Economics and Political Science, vol. 88(352), pages 863-895, October.
  26. Dwight R. Lee & Ryan H. Murphy, 2017. "An expressive voting model of anger, hatred, harm and shame," Public Choice, Springer, vol. 173(3), pages 307-323, December.
  27. Katharina Werner, 2019. "The Role of Information for Public Preferences on Education – Evidence from Representative Survey Experiments," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 82.
  28. Seung-Whan Choi & Shali Luo, 2013. "Economic Sanctions, Poverty, and International Terrorism: An Empirical Analysis," International Interactions, Taylor & Francis Journals, vol. 39(2), pages 217-245, April.
  29. Ernesto Dal Bó & Pedro Dal Bó & Erik Eyster, 2018. "The Demand for Bad Policy when Voters Underappreciate Equilibrium Effects," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(2), pages 964-998.
  30. Dominik H. Enste & Alexandra Haferkamp & Detlef Fetchenhauer, 2009. "Unterschiede im Denken zwischen Ökonomen und Laien – Erklärungsansätze zur Verbesserung der wirtschaftspolitischen Beratung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 10(1), pages 60-78, February.
  31. Rhodes, Ekaterina & Axsen, Jonn & Jaccard, Mark, 2017. "Exploring Citizen Support for Different Types of Climate Policy," Ecological Economics, Elsevier, vol. 137(C), pages 56-69.
  32. Gebhard Kirchgässner, 2017. "Soft paternalism, merit goods, and normative individualism," European Journal of Law and Economics, Springer, vol. 43(1), pages 125-152, February.
  33. Peters B., 2009. "The Two Futures of Governing: Decentering and Recentering Processes in Governing," NISPAcee Journal of Public Administration and Policy, Sciendo, vol. 2(1), pages 7-24, July.
  34. Carlos Seixas & António Brandão & Manuel Luís Costa, 2013. "Policy Choices by an Incumbent - A Case with Down-Up Problem, Bias Beliefs and Retrospective Voting," FEP Working Papers 485, Universidade do Porto, Faculdade de Economia do Porto.
  35. Carden Art & Lawson Robert A., 2010. "Human Rights and Economic Liberalization," Business and Politics, De Gruyter, vol. 12(2), pages 1-20, August.
  36. Dwight R. Lee & JR. Clark, 2014. "A Presidential Tribute to James M. Buchanan: In Appreciation of the Man, His Work, and His Example," Southern Economic Journal, John Wiley & Sons, vol. 80(4), pages 905-911, April.
  37. André de Palma & Gordon M. Myers & Yorgos Y. Papageorgiou, 2020. "Models of Imperfect Public Choice," Department of Economics Working Papers 2020-18, McMaster University.
  38. Ewald, Jens & Sterner, Thomas & Sterner, Erik, 2022. "Understanding the resistance to carbon taxes: Drivers and barriers among the general public and fuel-tax protesters," Resource and Energy Economics, Elsevier, vol. 70(C).
  39. Ganzach, Yoav, 2018. "Intelligence and the rationality of political preferences," Intelligence, Elsevier, vol. 69(C), pages 59-70.
  40. Elert, Niklas & Henrekson, Magnus, 2017. "Entrepreneurship and Institutions: A Bidirectional Relationship," Working Paper Series 1153, Research Institute of Industrial Economics, revised 05 May 2017.
  41. Aerni, Philipp, 2009. "What is sustainable agriculture? Empirical evidence of diverging views in Switzerland and New Zealand," Ecological Economics, Elsevier, vol. 68(6), pages 1872-1882, April.
  42. Elena Panova, 2011. "A Passion for Democracy," CIRANO Working Papers 2011s-47, CIRANO.
  43. Gaudeul, Alexia & Keser, Claudia, 2017. "The social preferences of democratically elected decision makers and the conflict between wealth generation and distribution," University of Göttingen Working Papers in Economics 327, University of Goettingen, Department of Economics.
  44. Andreas Kyriacou, 2010. "George A. Akerlof and Rachel E. Kranton: Identity economics. How our identities shape our work, wages, and well-being," Public Choice, Springer, vol. 145(1), pages 325-328, October.
  45. Rode, Martin & Sáenz de Viteri, Andrea, 2018. "Expressive attitudes to compensation: The case of globalization," European Journal of Political Economy, Elsevier, vol. 54(C), pages 42-55.
  46. Jennings, Colin, 2011. "The good, the bad and the populist: A model of political agency with emotional voters," European Journal of Political Economy, Elsevier, vol. 27(4), pages 611-624.
  47. Blesse, Sebastian & Heinemann, Friedrich & Krieger, Tommy, 2021. "Informationsdefizite als Hindernis rationaler Wirtschaftspolitik: Ausmass, Ursachen und Gegenstrategien. Eine Studie mit Unterstützung der Brigitte Strube Stiftung," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 241989.
  48. Andreas P. Kyriacou, 2011. "Rational Irrationality and Group Size: The Effect of Biased Beliefs on Individual Contributions Towards Collective Goods," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(1), pages 109-130, January.
  49. Slavisa Tasic, 2016. "The Pitfalls of Legislative and Executive Policymaking Compared to Judge-Made Law," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 31(Winter 20), pages 43-63.
  50. Jan Schnellenbach, 2015. "Does classical liberalism imply an evolutionary approach to policy-making?," Journal of Bioeconomics, Springer, vol. 17(1), pages 53-70, April.
  51. Henrekson, Magnus & Sanandaji, Tino, 2011. "The interaction of entrepreneurship and institutions," Journal of Institutional Economics, Cambridge University Press, vol. 7(1), pages 47-75, March.
  52. Wohlgemuth Michael, 2008. "50 Jahre Europäische Ordnungspolitik: ordnungs- und konstitutionenökonomische Anmerkungen / 50 years of European „Ordnungspolitik”, remarks from a constitutional economics perspective," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 381-404, January.
  53. Leonardo Baggiani & Enrico Colombatto, 2017. "Feasible taxation in advanced democracies," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 64(3), pages 213-229, September.
  54. Randall G. Holcombe, 2018. "Checks and Balances: Enforcing Constitutional Constraints," Economies, MDPI, vol. 6(4), pages 1-12, October.
  55. Dwight R. Lee & J. R. Clark, 2018. "Can behavioral economists improve economic rationality?," Public Choice, Springer, vol. 174(1), pages 23-40, January.
  56. Mark C. Schug & Dwight R. Lee, 2012. "Why Economic Education Is Dangerous for Politicians," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 28(Fall 2012), pages 47-60.
  57. University of Montreal & Alessandro Riboni, 2009. "Ideology and Endogenous Constitutions," 2009 Meeting Papers 988, Society for Economic Dynamics.
  58. Romer, David, 2012. "What Have We Learned about Fiscal Policy from the Crisis?," MIT Press Book Chapters, in: Blanchard, Olivier J. & Romer, David & Spence, Michael & Stiglitz, Joseph E. (ed.), In the Wake of the Crisis: Leading Economists Reassess Economic Policy, edition 1, volume 1, chapter 6, pages 57-66, The MIT Press.
  59. Dold, Malte & Krieger, Tim, 2024. "Market democracy, rising populism, and contemporary ordoliberalism," Discussion Paper Series 2024-01, University of Freiburg, Wilfried Guth Endowed Chair for Constitutional Political Economy and Competition Policy.
  60. Paul Dragos Aligica & Vlad Tarko, 2014. "Crony Capitalism: Rent Seeking, Institutions and Ideology," Kyklos, Wiley Blackwell, vol. 67(2), pages 156-176, May.
  61. Stephen C. Miller, 2009. "Economic Bias and Ideology: Evidence from the General Social Survey," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 25(Fall 2009), pages 31-49.
  62. repec:wly:soecon:v:80:4:y:2014:p:926-937 is not listed on IDEAS
  63. Alexander William Salter, 2016. "Political Property Rights and Governance Outcomes: A Theory of the Corporate Polity," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 31(Winter 20), pages 1-20.
  64. Möller Marie, 2011. "Gefangen im Dilemma? Ein strategischer Ansatz der Wahlund Revolutionsteilnahme / Trapped in Dilemma? A Strategic Approach to explain Participation in Elections and Revolutions," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 62(1), pages 425-454, January.
  65. Timothy Johnson, 2015. "Reciprocity as a Foundation of Financial Economics," Journal of Business Ethics, Springer, vol. 131(1), pages 43-67, September.
  66. William Keech & Michael Munger, 2015. "The anatomy of government failure," Public Choice, Springer, vol. 164(1), pages 1-42, July.
  67. Louis Jaeck, 2011. "Information and political failures: to what extent does rational ignorance explain irrational beliefs formation?," Constitutional Political Economy, Springer, vol. 22(3), pages 287-301, September.
  68. Randall G. Holcombe, 2020. "Progressive Democracy: the ideology of the modern predatory state," Public Choice, Springer, vol. 182(3), pages 287-301, March.
  69. Daniel B. Klein & Harika Anna Barlett, 2008. "Left Out: A Critique of Paul Krugman Based on a Comprehensive Account of His New York Times Columns, 1997 through 2006," Econ Journal Watch, Econ Journal Watch, vol. 5(1), pages 109-133, January.
  70. Stringham, Edward Peter, 2011. "Embracing morals in economics: The role of internal moral constraints in a market economy," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1-2), pages 98-109, April.
  71. Louis Jaeck & Sehjeong Kim, 2014. "The Impact of EMU Enlargement on Structural Reforms: A Political Economy Approach," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 20(1), pages 73-86, February.
  72. Art Carden, 2010. "Disastrous Anti‐Economics And The Economics Of Disasters," Economic Affairs, Wiley Blackwell, vol. 30(2), pages 81-84, June.
  73. Gingerich, Daniel W. & Scartascini, Carlos, 2022. "A heavy hand or a helping hand? Information provision and citizen preferences for anti-crime policies," Journal of Public Policy, Cambridge University Press, vol. 42(2), pages 364-389, June.
  74. Leif Helland & Lars Monkerud, 2013. "Electoral agency in the lab: Learning to throw out the rascals," Journal of Theoretical Politics, , vol. 25(2), pages 214-233, April.
  75. Petr Budinský & Radim Valenčík, 2009. "Teorie redistribučních systémů [Theory of Redistribution Systems]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(5), pages 644-659.
  76. Peter Kurrild-Klitgaard & Urs Steiner Brandt, 2021. "The calculus of democratic deliberation," Constitutional Political Economy, Springer, vol. 32(2), pages 165-186, June.
  77. Emily Chamlee-Wright & Virgil Storr, 2010. "Expectations of government’s response to disaster," Public Choice, Springer, vol. 144(1), pages 253-274, July.
  78. Walker A. Wright, 2018. "Is Commerce Good for the Soul? An Empirical Assessment," Economic Affairs, Wiley Blackwell, vol. 38(3), pages 422-433, October.
  79. Orley Ashenfelter & Daniel L. McFadden & Abigail Payne & Jason Potts & Robert Gregory & Wade E. Martin, 2020. "Roundtable Discussion On Immigration," Contemporary Economic Policy, Western Economic Association International, vol. 38(1), pages 7-29, January.
  80. Eiji Yamamura & Yoshiro Tsutsui, 2017. "Trade policy preference, childhood sporting experience, and informal school curriculum: Examination from the viewpoint of behavioral economics," Discussion Papers in Economics and Business 17-25, Osaka University, Graduate School of Economics.
  81. Weede Erich, 2012. "Wahrheit und Gewissheit; Klimaschutz und Politik / Truth and Certainty; Stabilizing the Climate and Politics," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 63(1), pages 385-402, January.
  82. Jan-Oliver Menz, 2010. "Uncertainty, social norms and consumption theory: Post and New Keynesian approaches," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 7(1), pages 125-146.
  83. Möller, Marie, 2011. "Gefangen im Dilemma? Ein strategischer Ansatz der Wahl- und Revolutionsteilnahme," CIW Discussion Papers 3/2011, University of Münster, Center for Interdisciplinary Economics (CIW).
  84. Apolte, Thomas & Müller, Julia, 2019. "The dynamics of political myths and ideologies," CIW Discussion Papers 1/2019, University of Münster, Center for Interdisciplinary Economics (CIW).
  85. Bouton, Laurent & Castanheira, Micael & Llorente-Saguer, Aniol, 2017. "Multicandidate elections: Aggregate uncertainty in the laboratory," Games and Economic Behavior, Elsevier, vol. 101(C), pages 132-150.
  86. Scott Niederjohn & William Wood & Kimberly Nygard, 2010. "Teaching the Ethical Foundations of Economics: Assessing a Curriculum for Middle and High School Students," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 25(Spring 20), pages 187-197.
  87. Weede Erich, 2009. "Die Finanzmarktkrise als Legitimitätskrise des Kapitalismus: Überlegungen zu (allzu) menschlichem Handeln in Wirtschaft und Politik / The Financial Crisis as a Crisis of the Legitimacy of Capitalism," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 60(1), pages 267-288, January.
  88. Ewald, Jens & Sterner, Thomas & Sterner, Erik, 2021. "Understanding the Resistance to Carbon Taxes: A Case Study of Sweden," RFF Working Paper Series 21-18, Resources for the Future.
  89. Bryan Caplan, 2010. "Persuasion, slack, and traps: how can economists change the world?," Public Choice, Springer, vol. 142(1), pages 1-8, January.
  90. Alessandro Lizzeri & Leeat Yariv, 2017. "Collective Self-Control," American Economic Journal: Microeconomics, American Economic Association, vol. 9(3), pages 213-244, August.
  91. José Fernando Flórez Ruiz, 2015. "Todo lo que la democracia no es y lo poco que sí: defensa de una concepción democrática realista," Books, Universidad Externado de Colombia, Facultad de Derecho, number 780, October.
  92. Paul H. Rubin, 2014. "Emporiophobia (Fear of Markets): Cooperation or Competition?," Southern Economic Journal, John Wiley & Sons, vol. 80(4), pages 875-889, April.
  93. Lergetporer, Philipp & Woessmann, Ludger, 2023. "Earnings information and public preferences for university tuition: Evidence from representative experiments," Journal of Public Economics, Elsevier, vol. 226(C).
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  95. Christopher S. King, 2013. "Economic theories of democratic legitimacy and the normative role of an ideal consensus," Politics, Philosophy & Economics, , vol. 12(2), pages 156-178, May.
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  97. Rosemarie Fike & James Gwartney, 2015. "Public Choice, Market Failure, and Government Failure in Principles Textbooks," The Journal of Economic Education, Taylor & Francis Journals, vol. 46(2), pages 207-218, April.
  98. Michael Hoffman, 2009. "What explains attitudes across US trade policies?," Public Choice, Springer, vol. 138(3), pages 447-460, March.
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  100. Christina Biedny & Trey Malone & Jayson L. Lusk, 2020. "Exploring Polarization in US Food Policy Opinions," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(3), pages 434-454, September.
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  104. William F. Shughart & Diana W. Thomas, 2014. "What Did Economists Do? Euvoluntary, Voluntary, and Coercive Institutions for Collective Action," Southern Economic Journal, John Wiley & Sons, vol. 80(4), pages 926-937, April.
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  113. J. Brian O’Roark, 2012. "Does Economic Education Make a Difference in Congress? How Economics Majors Vote on Trade," The Journal of Economic Education, Taylor & Francis Journals, vol. 43(4), pages 423-439, October.
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  121. Dan Sutter, 2022. "Private Protection Agencies and Infectious Diseases," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 37(Spring 20), pages 61-77.
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  126. Kirchgässner, Gebhard, 2014. "Zu neueren Entwicklungen bei der Einbeziehung privater Akteure in Prozesse der öffentlichen Verwaltung: Einige Bemerkungen," Economics Working Paper Series 1413, University of St. Gallen, School of Economics and Political Science, revised Dec 2014.
  127. Antonio Abatemarco & Roberto Dell’Anno, 2020. "Fiscal illusion and progressive taxation with retrospective voting," Economic and Political Studies, Taylor & Francis Journals, vol. 8(2), pages 246-273, April.
  128. Pál Czeglédi, 2023. "Why is the West unique in linking religiosity to market friendliness?," Economic Affairs, Wiley Blackwell, vol. 43(1), pages 73-88, February.
  129. Louis Jaeck & Sehjeong Kim, 2018. "FDI Deregulation Versus Labor Market Reform: a Political Economy Approach," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 46(1), pages 73-89, March.
  130. Stephen Drinkwater & Colin Jennings, 2022. "The Brexit referendum and three types of regret," Public Choice, Springer, vol. 193(3), pages 275-291, December.
  131. Jankovic Ivan & Block Walter, 2019. "Private Property Rights, Government Interventionism and Welfare Economics," Review of Economic Perspectives, Sciendo, vol. 19(4), pages 365-397, December.
  132. Zaostrovtsev, A., 2017. "On Rational Irrationality," Journal of the New Economic Association, New Economic Association, vol. 33(1), pages 151-156.
  133. César Mauricio Vallejo Serna, 2016. "La política como fundamento de la libertad," Books, Universidad Externado de Colombia, Facultad de Derecho, number 898, October.
  134. Gregory DeAngelo & Bryan C. McCannon, 2022. "Behavioral economics and public choice: introduction to a special issue," Public Choice, Springer, vol. 191(3), pages 285-292, June.
  135. Paul H. Rubin, 2014. "Pathological Altruism and Pathological Regulation," Cato Journal, Cato Journal, Cato Institute, vol. 34(1), pages 171-183, Winter.
  136. Schäfer, Armin, 2011. "Republican liberty and compulsory voting," MPIfG Discussion Paper 11/17, Max Planck Institute for the Study of Societies.
  137. Goodell, John W. & McGroarty, Frank & Urquhart, Andrew, 2015. "Political uncertainty and the 2012 US presidential election: A cointegration study of prediction markets, polls and a stand-out expert," International Review of Financial Analysis, Elsevier, vol. 42(C), pages 162-171.
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