In “The Myth of the Rational Voter” Brian Caplan shows that voters entertain systematically biased beliefs on a number … psychological concept of mental models to address voters’ naive reasoning about the economy and thereby explain the persistent bias …. The model formalizes Caplan’s thought experiment No. 4 by introducing endogenous party valence to a model of probabilistic …

Access to more information by a group of voters may represent more knowledge about the political system and incentivize … people to make better choices. In this paper I argue that mass media have an impact over voters' knowledge, reflected on one …

The amount of political information that voters decide to acquire during anelectoral campaign depends, among other … attach little value to information because they perceive thatvoting itself will have little value. Voters that are ex ante … but decrease that ofvery ideological voters. These results are derived within a decisiontheoretical model of information …

The amount of political information that voters decide to acquire during an electoral campaign depends, among other … candidates attach little value to information because they perceive that voting itself will have little value. Voters that are ex … things, on prior ideological beliefs about parties and/or candidates. Voters that are ex ante indifferent about the …

anti-majoritarian outcome; public provision of education arises only when those who benefit from education, e.g., voters … education and the rich voters who prefer low taxes. Thus, when those who benefit from education are a minority, it is publicly …