This paper studies the target projection dynamic, which is a model of myopic adjustment for population games. We put it into the standard microeconomic framework of utility maximization with control costs. We also show that it is well-behaved, since it satisfies the desirable properties: Nash...

The rise in polarization in American politics over recent decades has attracted plenty of interest both in academia and in the broader public discussion. However, the connection between affective polarization and individuals’ election expectations is virtually unexplored and poorly understood....