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  • A behavioral theory of elec...
    Bendor, Jonathan; Diermeier, Daniel; Siegel, David A; Ting, Michael M

    2011., 20110220, 2011, 2011-01-17, 20110101
    eBook

    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: actions that surpass an actor's aspiration level are more likely to be used in the future, while those that fall short are less likely to be tried later.