Biased beliefs and retrospective voting: why democracies choose mediocre policies
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More about this item
KeywordsVoting behavior; Dynamic party competition; Valence; Retrospective voting; Biased beliefs; Mental models; D72; D78; D83; D90; P16;
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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