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Information and political failures: to what extent does rational ignorance explain irrational beliefs formation?

  • Louis Jaeck

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    File URL: http://hdl.handle.net/10.1007/s10602-011-9108-x
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    Article provided by Springer in its journal Constitutional Political Economy.

    Volume (Year): 22 (2011)
    Issue (Month): 3 (September)
    Pages: 287-301

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    Handle: RePEc:kap:copoec:v:22:y:2011:i:3:p:287-301
    Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=102866

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    1. George A. Akerlof, 1978. "A theory of social custom, of which unemployment may be one consequence," Special Studies Papers 118, Board of Governors of the Federal Reserve System (U.S.).
    2. Alston, Richard M & Kearl, J R & Vaughan, Michael B, 1992. "Is There a Consensus among Economists in the 1990's?," American Economic Review, American Economic Association, vol. 82(2), pages 203-09, May.
    3. Camerer, Colin F, 1990. "Some Implications of Cognitive Psychology for Risk Regulation: Comment," The Journal of Legal Studies, University of Chicago Press, vol. 19(2), pages 791-99, June.
    4. Schultz, Christian, 1996. "Polarization and Inefficient Policies," Review of Economic Studies, Wiley Blackwell, vol. 63(2), pages 331-44, April.
    5. Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 2010. "A theory of Fads, Fashion, Custom and cultural change as informational Cascades," Levine's Working Paper Archive 1193, David K. Levine.
    6. Caplan, Bryan, 2001. " Rational Irrationality and the Microfoundations of Political Failure," Public Choice, Springer, vol. 107(3-4), pages 311-31, June.
    7. Dur, Robert A J, 2001. " Why Do Policy Makers Stick to Inefficient Decisions?," Public Choice, Springer, vol. 107(3-4), pages 221-34, June.
    8. Kuran, Timur, 1990. "Private and Public Preferences," Economics and Philosophy, Cambridge University Press, vol. 6(01), pages 1-26, April.
    9. Spitzer, Matthew L, 1990. "Some Implications of Cognitive Psychology for Risk Regulation: Comment," The Journal of Legal Studies, University of Chicago Press, vol. 19(2), pages 801-08, June.
    10. Noll, Roger G & Krier, James E, 1990. "Some Implications of Cognitive Psychology for Risk Regulation," The Journal of Legal Studies, University of Chicago Press, vol. 19(2), pages 747-79, June.
    11. James T. Hamilton & W. Kip Viscusi, 1999. "Are Risk Regulators Rational? Evidence from Hazardous Waste Cleanup Decisions," American Economic Review, American Economic Association, vol. 89(4), pages 1010-1027, September.
    12. Tjernström, E. & Tietenberg, T., 2008. "Do differences in attitudes explain differences in national climate change policies?," Ecological Economics, Elsevier, vol. 65(2), pages 315-324, April.
    13. Sunstein, Cass R, 1998. "Selective Fatalism," The Journal of Legal Studies, University of Chicago Press, vol. 27(2), pages 799-823, June.
    14. Stephen Morris, 2001. "Political Correctness," Journal of Political Economy, University of Chicago Press, vol. 109(2), pages 231-265, April.
    15. Bryan Caplan, 2007. "Introduction to The Myth of the Rational Voter: Why Democracies Choose Bad Policies
      [The Myth of the Rational Voter: Why Democracies Choose Bad Policies]
      ," Introductory Chapters, Princeton University Press.
    16. Brady, Gordon L & Clark, J R & Davis, William L, 1995. " The Political Economy of Dissonance," Public Choice, Springer, vol. 82(1-2), pages 37-51, January.
    17. Y. Stephen Chiu, 2002. "On the Feasibility of Unpopular Policies under Re-Election Concerns," Southern Economic Journal, Southern Economic Association, vol. 68(4), pages 841-858, April.
    18. Caplan, Bryan, 2001. "Rational Ignorance versus Rational Irrationality," Kyklos, Wiley Blackwell, vol. 54(1), pages 3-26.
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