Good Policy Choices Even When Voters Entertain Biased Beliefs: A Model with Endogenous Valence
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KeywordsVoting behaviour; dynamic party competition; valence; VP-functions; biased voting;
- 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
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-25 (All new papers)
- NEP-CDM-2008-11-25 (Collective Decision-Making)
- NEP-POL-2008-11-25 (Positive Political Economics)
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