Publications → Macroeconomic Policy

Markets vs. Politics, Correcting Erroneous Beliefs Differently

This paper argues that the need for aggregation creates different incentives for belief updates in private and political choice. It also reviews contemporary theories of biased beliefs in politics: Bayesian misperceptions, behavioral anomalies, and rational irrationality.

Link http://ies.fsv.cuni.cz/in…ublication=2128&lng=en_GB
Author Gregor, M.
Date 07-Jul-2007
Institute Institute of Economic Studies
Tags politics, economics, Bayesian, misperceptions

See also

  1. Russian economy in 2006.
  2. Russian economy: trends and perspectives in DECEMBER 2006
  3. Russian economy: trends and perspectives in NOVEMBER 2006
  4. Local Government in Moldova
  5. Poverty and Politics: equality with no democracy or democracy with no equality?

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