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A Behavioral Theory of Elections

Paperback
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Most theories of elections assume that voters and political actors are fully rational. While these formulations produce many insights, they also generate anomalies—most famously, about turnout. The rise of behavioral economics has posed new challenges to the premise of rationality. This groundbreaking book provides a behavioral theory of elections based on the notion that all actors—politicians as well as voters—are only boundedly rational. The theory posits learning via trial and error: ac...