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Believe me, I am ignorant, but not biased
被引:1
|作者:
Foerster, Manuel
[1
]
Voss, Achim
[1
]
机构:
[1] Bielefeld Univ, Ctr Math Econ, POB 10 01 31, D-33501 Bielefeld, Germany
关键词:
Political agency;
Asymmetric information;
Signaling;
Elections;
Ignorance;
POLICY;
MODEL;
ACCOUNTABILITY;
INFORMATION;
ELECTIONS;
POLITICIANS;
INCENTIVES;
GOVERNMENT;
NIXON;
GO;
D O I:
10.1016/j.euroecorev.2022.104262
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
In our political-agency setting, voters are uninformed about two traits of an incumbent politi-cian: ability and bias. Voters observe the implemented policy and learn the state immediately before the election. We show that when the bias of biased politicians is strong such that voters prefer neutral politicians even if they have low ability, high-ability and biased politicians may secure re-election by appearing ignorant. Furthermore, we introduce a news shock that may reveal the state earlier, when a policy change is still possible. Raising the likelihood of a shock may decrease voter welfare if bias is very strong.
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页数:17
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