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Political cycles: Beyond rational expectations
MOTIVATION AND METHOD: Existing rational expectations models cannot satisfactorily explain why political budget manipulations systematically raise re-election chances and only occur in “specific contexts”. This paper offers a theoretical explanation by including unsophisticated voters into an opport...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2018
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6181349/ https://www.ncbi.nlm.nih.gov/pubmed/30307963 http://dx.doi.org/10.1371/journal.pone.0203390 |