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How Politicians Make Decisions: A Political Choice Experiment

  • Enrique Fatás

    ()

  • Tibor Neugebauer
  • Pilar Tamborero

The present paper reports on a political choice experiment with elected real-world politicians. A questionnaire on political and public issues is taken to examine whether prospect theory predicts the responses of experts from the field better than rational choice theory. The results indicate that framing effects exist but that expertise may weaken the deviation from rational choice.

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Paper provided by Institute for Social Syudies of Andalusia - Higher Council for Scientific Research in its series IESA Working Papers Series with number 0410.

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Length: 34 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:esa:iesawp:0410
Contact details of provider: Web page: http://www.d-andalucia.csic.es/iesa.htm

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