There is a considerable amount of literature analyzing factors of success in music contests, in particular those where the audience votes for the winner. However, one factor that is highlighted by the economic theory of stardom is generally neglected in the literature. In this paper, we tackle...

There is a considerable amount of literature analyzing factors of success in music contests, in particular those where the audience votes for the winner. However, one factor that is highlighted by the economic theory of stardom is generally neglected in the literature. In this paper, we tackle...

In The Myth of the Rational Voter Brian Caplan shows that voters entertain systematically biased beliefs on a number of essential issues of economic policy and concludes that this leads democracies to choose bad policies. We introduce the psychological concept of mental models to address voter'...

In “The Myth of the Rational Voter” Brian Caplan shows that voters entertain systematically biased beliefs on a number of essential issues of economic policy and concludes that this leads democracies to choose bad policies. We introduce the psychological concept of mental models to address...