Acemoglu, Daron; Egorov, Georgij V.; Sonin, Konstantin - 2011
When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich … right. Truly right-wing politicians respond by choosing more moderate, or even left-of-center policies. This populist bias … polarization between the policy preferences of the median voter and right-wing politicians; when politicians are indeed more likely …
