How politicians make decisions: a Political choice experiment

• Autores: Enrique Fatás Juberías, Pilar Tamborero Sanjuán, Tibor Neugebauer
• Localización: Documentos de trabajo ( Instituto de Estudios Sociales Avanzados de Andalucía ), Nº. 10, 2004
• Idioma: español
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• Resumen

  • The present paper reports on a political choice experiment with elected real-world politicians. A questionnaire on political and public issues is taken to examine whether prospect theory predicts the responses of experts from the field better than rational choice theory. The results indicate that framing effects exist but that expertise may weaken the deviation from rational choice.