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Title:Political polarization PDF Logo
Authors:Dixit, Avinash K.
Weibull, Jörgen W.
Issue Date:2007
Series/Report no.:SSE/EFI Working Paper Series in Economics and Finance 655
Abstract: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.
Subjects:polarization
voting
information
JEL:D72
D74
D81
D82
Document Type:Working Paper
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

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