A note on the behavioral political economy of innovation policy
Author
Abstract
Suggested Citation
DOI: 10.1007/s00191-019-00625-y
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Jan Schnellenbach & Christian Schubert, 2019. "A Note on the Behavioral Political Economy of Innovation Policy," Working Papers 51, The German University in Cairo, Faculty of Management Technology.
References listed on IDEAS
- Charles B. Blankart & Gerrit B. Koester, 2006. "Political Economics versus Public Choice," Kyklos, Wiley Blackwell, vol. 59(2), pages 171-200, May.
- Geoffrey Brennan & Alan Hamlin, 1998.
"Expressive voting and electoral equilibrium,"
Public Choice, Springer, vol. 95(1), pages 149-175, April.
- Brennan, Geoffrey & Hamlin, Alan, 1998. "Expressive Voting and Electoral Equilibrium," Public Choice, Springer, vol. 95(1-2), pages 149-175, April.
- Schubert, Christian, 2017. "Exploring the (behavioural) political economy of nudging," Journal of Institutional Economics, Cambridge University Press, vol. 13(3), pages 499-522, September.
- Hertwig, Ralph, 2017. "When to consider boosting: some rules for policy-makers," Behavioural Public Policy, Cambridge University Press, vol. 1(2), pages 143-161, November.
- Alberto Alesina & Torsten Persson & Guido Tabellini, 2006. "Reply to Blankart and Koester's Political Economics versus Public Choice Two Views of Political Economy in Competition," Kyklos, Wiley Blackwell, vol. 59(2), pages 201-208, May.
- Christian Schubert, 2013.
"Is Novelty Always a Good Thing? Towards an Evolutionary Welfare Economics,"
Economic Complexity and Evolution, in: Guido Buenstorf & Uwe Cantner & Horst Hanusch & Michael Hutter & Hans-Walter Lorenz & Fritz Rahmeyer (ed.), The Two Sides of Innovation, edition 127, pages 209-242,
Springer.
- Christian Schubert, 2012. "Is novelty always a good thing? Towards an evolutionary welfare economics," Journal of Evolutionary Economics, Springer, vol. 22(3), pages 585-619, July.
- Christian Schubert, 2009. "Is Novelty always a good thing? Towards an Evolutionary Welfare Economics," Papers on Economics and Evolution 2009-03, Philipps University Marburg, Department of Geography.
- George A. Akerlof, 1989. "The Economics Of Illusion," Economics and Politics, Wiley Blackwell, vol. 1(1), pages 1-15, March.
- Hamlin, Alan & Jennings, Colin, 2011.
"Expressive Political Behaviour: Foundations, Scope and Implications,"
British Journal of Political Science, Cambridge University Press, vol. 41(3), pages 645-670, July.
- Hamlin, Alan & Jennings, Colin, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," SIRE Discussion Papers 2009-41, Scottish Institute for Research in Economics (SIRE).
- Alan Hamlin & Colin Jennings, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," Working Papers 0918, University of Strathclyde Business School, Department of Economics.
- Michael Wallerstein, 2004. "Behavioral Economics and Political Economy," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 30, pages 37-48.
- Bengt-Åke Lundvall, 2007. "Innovation System Research – Where it came from and where it might go," Globelics Working Paper Series 2007-01, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
- Jan Schnellenbach, 2019. "Evolving hierarchical preferences and behavioral economic policies," Public Choice, Springer, vol. 178(1), pages 31-52, January.
- S. Dellavigna., 2011.
"Psychology and Economics: Evidence from the Field,"
VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
- Stefano DellaVigna, 2009. "Psychology and Economics: Evidence from the Field," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 315-372, June.
- S. Dellavigna., 2011. "Psychology and Economics: Evidence from the Field," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 5.
- Stefano DellaVigna, 2007. "Psychology and Economics: Evidence from the Field," NBER Working Papers 13420, National Bureau of Economic Research, Inc.
- Schubert, Christian, 2015.
"Opportunity And Preference Learning,"
Economics and Philosophy, Cambridge University Press, vol. 31(2), pages 275-295, July.
- Christian Schubert, 2012. "Opportunity and Preference Learning," Papers on Economics and Evolution 2012-08, Philipps University Marburg, Department of Geography.
- Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
- Niclas Berggren, 2012.
"Time for behavioral political economy? An analysis of articles in behavioral economics,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(3), pages 199-221, September.
- Berggren, Niclas, 2011. "Time for behavioral political economy? An analysis of articles in behavioral economics," Ratio Working Papers 166, The Ratio Institute.
- Cade Massey & Richard H. Thaler, 2013. "The Loser's Curse: Decision Making and Market Efficiency in the National Football League Draft," Management Science, INFORMS, vol. 59(7), pages 1479-1495, July.
- Pietro Ortoleva & Erik Snowberg, 2015.
"Overconfidence in Political Behavior,"
American Economic Review, American Economic Association, vol. 105(2), pages 504-535, February.
- Pietro Ortoleva & Erik Snowberg, 2013. "Overconfidence in Political Behavior," NBER Working Papers 19250, National Bureau of Economic Research, Inc.
- Bletschacher, Georg & Klodt, Henning, 1992. "Strategische Handels- und Industriepolitik: theoretische Grundlagen, Branchenanalysen und wettbewerbspolitische Implikationen," Open Access Publications from Kiel Institute for the World Economy 456, Kiel Institute for the World Economy (IfW Kiel).
- Ferejohn, John A. & Fiorina, Morris P., 1974. "The Paradox of Not Voting: A Decision Theoretic Analysis," American Political Science Review, Cambridge University Press, vol. 68(2), pages 525-536, June.
- Dimos, Christos & Pugh, Geoff, 2016. "The effectiveness of R&D subsidies: A meta-regression analysis of the evaluation literature," Research Policy, Elsevier, vol. 45(4), pages 797-815.
- Schnellenbach, Jan & Schubert, Christian, 2015.
"Behavioral political economy: A survey,"
European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
- Jan Schnellenbach & Christian Schubert, 2014. "Behavioral Political Economy: A Survey," CESifo Working Paper Series 4988, CESifo.
- Jan Fagerberg, 2017. "Innovation Policy: Rationales, Lessons And Challenges," Journal of Economic Surveys, Wiley Blackwell, vol. 31(2), pages 497-512, April.
- Boettke, Peter J. & Coyne, Christopher J. & Leeson, Peter T., 2013. "Comparative historical political economy," Journal of Institutional Economics, Cambridge University Press, vol. 9(3), pages 285-301, September.
- R. Preston Mcafee & Hugo M. Mialon & Sue H. Mialon, 2010. "Do Sunk Costs Matter?," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 323-336, April.
- Kahneman, Daniel & Tversky, Amos, 1979.
"Prospect Theory: An Analysis of Decision under Risk,"
Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 75-111, March.
- Vernon L. Smith, 2003.
"Constructivist and Ecological Rationality in Economics,"
American Economic Review, American Economic Association, vol. 93(3), pages 465-508, June.
- Smith, Vernon L., 2002. "Constructivist and Ecological Rationality in Economics," Nobel Prize in Economics documents 2002-7, Nobel Prize Committee.
- Clarysse, Bart & Wright, Mike & Mustar, Philippe, 2009. "Behavioural additionality of R&D subsidies: A learning perspective," Research Policy, Elsevier, vol. 38(10), pages 1517-1533, December.
- Mariano Pereira & Diana Suárez, 2018. "Matthew effect, capabilities and innovation policy: the Argentinean case," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 27(1), pages 62-79, January.
- Tyler Cowen, 2005. "Self-deception as the root of political failure," Public Choice, Springer, vol. 124(3), pages 437-451, September.
- Dan Lovallo & Colin Camerer, 1999. "Overconfidence and Excess Entry: An Experimental Approach," American Economic Review, American Economic Association, vol. 89(1), pages 306-318, March.
- Caplan, Bryan, 2001. "Rational Irrationality and the Microfoundations of Political Failure," Public Choice, Springer, vol. 107(3-4), pages 311-331, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Schnellenbach, Jan & Schubert, Christian, 2015.
"Behavioral political economy: A survey,"
European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
- Jan Schnellenbach & Christian Schubert, 2014. "Behavioral Political Economy: A Survey," CESifo Working Paper Series 4988, CESifo.
- Schnellenbach, Jan & Schubert, Christian, 2014. "Behavioral public choice: A survey," Freiburg Discussion Papers on Constitutional Economics 14/03, Walter Eucken Institut e.V..
- Hillman, Arye L., 2010. "Expressive behavior in economics and politics," European Journal of Political Economy, Elsevier, vol. 26(4), pages 403-418, December.
- Degan, Arianna & Li, Ming, 2015.
"Psychologically-based voting with uncertainty,"
European Journal of Political Economy, Elsevier, vol. 40(PB), pages 242-259.
- Arianna Degan & Ming Li, 2014. "Psychologically-Based Voting with Uncertainty," CESifo Working Paper Series 5014, CESifo.
- Hamlin, Alan & Jennings, Colin, 2011.
"Expressive Political Behaviour: Foundations, Scope and Implications,"
British Journal of Political Science, Cambridge University Press, vol. 41(3), pages 645-670, July.
- Hamlin, Alan & Jennings, Colin, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," SIRE Discussion Papers 2009-41, Scottish Institute for Research in Economics (SIRE).
- Alan Hamlin & Colin Jennings, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," Working Papers 0918, University of Strathclyde Business School, Department of Economics.
- Emilio Ocampo, 2019. "The Economic Analysis of Populism. A Selective Review of the Literature," CEMA Working Papers: Serie Documentos de Trabajo. 694, Universidad del CEMA.
- Alberto Alesina & Francesco Passarelli, 2019.
"Loss Aversion in Politics,"
American Journal of Political Science, John Wiley & Sons, vol. 63(4), pages 936-947, October.
- Alberto Alesina & Francesco Passarelli, 2015. "Loss Aversion in Politics," NBER Working Papers 21077, National Bureau of Economic Research, Inc.
- François Facchini & Louis Jaeck, 2021. "Populism and the rational choice model: The case of the French National Front," Rationality and Society, , vol. 33(2), pages 196-228, May.
- Sturm, Silke, 2019. "Political Competition: How to Measure Party Strategy in Direct Voter Communication using Social Media Data?," Hamburg Discussion Papers in International Economics 1, University of Hamburg, Chair of International Economics.
- Michael David Thomas, 2019. "Reapplying behavioral symmetry: public choice and choice architecture," Public Choice, Springer, vol. 180(1), pages 11-25, July.
- Jan Schnellenbach, 2019. "Evolving hierarchical preferences and behavioral economic policies," Public Choice, Springer, vol. 178(1), pages 31-52, January.
- Robbett, Andrea & Matthews, Peter Hans, 2018. "Partisan bias and expressive voting," Journal of Public Economics, Elsevier, vol. 157(C), pages 107-120.
- Stephen Drinkwater & Colin Jennings, 2007. "Who are the expressive voters?," Public Choice, Springer, vol. 132(1), pages 179-189, July.
- Hillman, Arye L. & Metsuyanim, Kfir & Potrafke, Niklas, 2015.
"Democracy with group identity,"
European Journal of Political Economy, Elsevier, vol. 40(PB), pages 274-287.
- Arye L. Hillman & Kfir Metsuyanim & Niklas Potrafke, 2015. "Democracy with Group Identity," CESifo Working Paper Series 5281, CESifo.
- Arye L. Hillman & Kfir Metsuyanim & Niklas Potrafke, 2015. "Democracy With Group Identity," Working Papers 2015-02, Bar-Ilan University, Department of Economics.
- Attanasi, Giuseppe & Corazzini, Luca & Passarelli, Francesco, 2017.
"Voting as a lottery,"
Journal of Public Economics, Elsevier, vol. 146(C), pages 129-137.
- Giuseppe Attanasi, Luca Corazzini, Francesco Passarelli, 2007. "Voting as a Lottery," ISLA Working Papers 28, ISLA, Centre for research on Latin American Studies and Transition Economies, Universita' Bocconi, Milano, Italy.
- Giuseppe Attanasi & Luca CORAZZINI & Francesco PASSARELLI, 2009. "Voting as a Lottery," LERNA Working Papers 09.27.303, LERNA, University of Toulouse.
- Giuseppe Attanasi & Luca Corazzini & Francesco Passarelli, 2017. "Voting as a lottery," Post-Print hal-01744493, HAL.
- Attanasi, Giuseppe Marco & Corazzini, Luca & Passarelli, Francesco, 2010. "Voting as a Lottery," TSE Working Papers 09-116, Toulouse School of Economics (TSE), revised Nov 2010.
- Jan Schnellenbach, 2016.
"A Constitutional Economics Perspective on Soft Paternalism,"
Kyklos, Wiley Blackwell, vol. 69(1), pages 135-156, February.
- Schnellenbach, Jan, 2015. "A constitutional economics perspective on soft paternalism," Freiburg Discussion Papers on Constitutional Economics 15/02, Walter Eucken Institut e.V..
- Julio Rotemberg, 2009.
"Attitude-dependent altruism, turnout and voting,"
Public Choice, Springer, vol. 140(1), pages 223-244, July.
- Rotemberg, Julio J., 2005. "Attitude-Dependent Altruism, Turnout and Voting," CEPR Discussion Papers 5146, C.E.P.R. Discussion Papers.
- Julio J. Rotemberg, 2008. "Attitude-Dependent Altruism, Turnout and Voting," NBER Working Papers 14302, National Bureau of Economic Research, Inc.
- 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.
- Colin Jennings, 2009. "The Good the Bad and the Populist: A Model of Political Agency with Emotional Voters," Working Papers 0909, University of Strathclyde Business School, Department of Economics.
- Jennings, Colin, 2009. "The Good, the Bad and the Populist: A Model of Political Agency with Emotional Voters," SIRE Discussion Papers 2009-30, Scottish Institute for Research in Economics (SIRE).
- Daiki Kishishita & Atsushi Yamagishi, 2022. "Do supermajority rules really deter extremism? the role of electoral competition 1," Journal of Theoretical Politics, , vol. 34(1), pages 127-144, January.
- Meya, Johannes & Poutvaara, Panu & Schwager, Robert, 2020.
"Pocketbook voting, social preferences, and expressive motives in referenda,"
Journal of Economic Behavior & Organization, Elsevier, vol. 175(C), pages 185-205.
- Meya, Johannes & Poutvaara, Panu & Schwager, Robert, 2017. "Pocketbook Voting, Social Preferences, and Expressive Motives in Referenda," Discussion Papers in Economics 38425, University of Munich, Department of Economics.
- Meya, Johannes & Poutvaara, Panu & Schwager, Robert, 2017. "Pocketbook voting, social preferences, and expressive motives in referenda," University of Göttingen Working Papers in Economics 312, University of Goettingen, Department of Economics.
- Meya, Johannes & Poutvaara, Panu & Schwager, Robert, 2020. "Pocketbook voting, social preferences, and expressive motives in referenda," Munich Reprints in Economics 84743, University of Munich, Department of Economics.
More about this item
Keywords
Biases; Heuristics; Sunk cost fallacy; Availability bias; Overconfidence; Loss aversion;All these keywords.
JEL classification:
- O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
- 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
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joevec:v:29:y:2019:i:5:d:10.1007_s00191-019-00625-y. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.springer.com .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.