Rational ignorance is not bliss: when do lazy voters learn from decentralised policy experiments?
A popular argument about economic policy under uncertainty states that decentralisation offers the possibility to learn from local or regional policy experiments. We argue that such learning processes are not trivial and do not occur frictionlessly: Voters have an inherent tendency to retain a given...
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| Main Author: | |
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| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Heidelberg
University of Heidelberg, Department of Economics
May 30, 2007
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| Edition: | This version: May 30, 2007 |
| Series: | Discussion paper series / Universität Heidelberg, Department of Economics
no. 441 |
| In: |
Discussion paper series (no. 441)
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| Subjects: | |
| Online Access: | Resolving-System, Volltext: http://hdl.handle.net/10419/127260 Verlag, Volltext: http://www.awi.uni-heidelberg.de/with2/Discussion%20papers/papers/dp441.pdf |
| Author Notes: | Jan Schnellenbach |