behavioral experiment, we elicit German legislators' social welfare criteria unconfounded by political economy constraints. When …" which insists that choices merit intervention only if the lure of immediacy may bias intertemporal choice. Politicians' and …

This paper considers the implications of an important cognitive bias in information processing, confirmation bias, in a …, we show that when voters have this bias, it decreases pandering by the incumbent, and can raise voter welfare as a … evolution of confirmation bias can lead to more pandering before the first election. Finally, we show that when confirmation …

. This may lead to exaggerated conservatism in the voting decision (status quo bias). To investigate how complexity affects …

effects of opacity in a laboratory experiment and find that opacity leads to more generous promises, but also to more promise …