Political Polarization

Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic contexts, and consistent with Bayesian rationality.

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Year of publication:	2006-08-22
Authors:	Dixit, Avinash ; Weibull, Jörgen
Institutions:	Economics Institute for Research (SIR), Handelshögskolan i Stockholm
Subject:	polarization \| voting \| information

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Extent:	application/pdf
Series:	SSE/EFI Working Paper Series in Economics and Finance.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series SSE/EFI Working Paper Series in Economics and Finance Number 655 17 pages
Classification:	D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; D74 - Conflict; Conflict Resolution; Alliances ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D82 - Asymmetric and Private Information
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005190909