上游充通大 SHANGHAI JIAO TONG UNIVERSITY Voters and Rational Ignorance Benefits of becoming an informed voter often outweighed by the costs. Many believe that becoming informed is simply not worth the effort May make sense to be uninformed about politics and government,to be rationally ignorant. 强 SHANC 1日G
Voters and Rational Ignorance Benefits of becoming an informed voter often outweighed by the costs. Many believe that becoming informed is simply not worth the effort. May make sense to be uninformed about politics and government, to be rationally ignorant
上游充通大学 Rational Ignorance SHANGHAI JIAO TONG UNIVERSITY Voting is a consumption activity Why spend the time to be informed when your single vote counts so little? 强 A几An E SHANC 1日G
Rational Ignorance Voting is a consumption activity Why spend the time to be informed when your single vote counts so little?
上游文通大学 Cycling SHANGHAI JIAO TONG UNIVERSITY Cycling 1:C<B<A ©2：A<C<B 3:B<A<C 强 o Result? LARAAAAAAMAAL ©Agenda manipulation SHANG 1日日日
Cycling Cycling 1： C<B< A 2： A < C < B 3： B < A < C Result? Agenda manipulation
上游充通大学 Logrolling SHANGHAI JIAO TONG UNIVERSITY Table 5.2.Vote trading example Issues Voters X Y A -2 -2 B 5 -2 C -2 5
Logrolling
上浒充通大学 SHANGHAI JIAO TONG UNIVERSITY 2,Rational Politicians Economic cycle? 强 R w SHANG 1日日日
2, Rational Politicians Economic cycle？