Topics in Behavioral Political Economy


Topics in Behavioral Political Economy

Allan DRAZEN
University of Maryland

 

SCHEDULE Thursday 31th January 2019
07th February 2019
14th February 2019
De 13h30 à 15h30 Salle 2006
Monday 04th February 2019
11th February 2019
18th February 2019
De 13h30 à 15h30 Salle 2006

READINGS: We may add (or subtract) from this list.

1. Overview and Basic Issues Wilson, R. (2010) “The Contribution of Behavioral Economics to Political Science.” Annual Review of Political Science 14, 201-223. Schnellenbach, J. and C. Schubert (2015), Behavioral Political Economy: A Survey,” European Journal of Political Economy 40 (2015), 395–417.

2. Other Regarding Behavior Fehr, E. and K. Schmidt (2005), “The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories,” in Handbook on the Economics of Giving, Reciprocity and Altruism. “Rabin, M. (1993), “Incorporating Fairness into Game Theory and Economics,” American Economic Review 83, 1281-1302. Falk, A. and U. Fischbacher. (2006), “A Theory of Reciprocity,” Games and Economic Behavior 54 (2), 293-315. Malmendier,U., V. te Velde, and R. Weber (2014), “Rethinking Reciprocity,” Annual Review of Economics 6, 849– 74.  J. van der Welde, et al. (2014), “Resisting Moral Wiggle Room: How Robust Is Reciprocal Behavior?,” American Economic Journal: Microeconomics 6(3), 256–264. Benabou, R. and J. Tirole. 2006. “Incentives and Prosocial Behavior.” American Economic Review 96 (5), 1652– 78.

3. Aspirations Cherepanov, V., T. Feddersen and A. Sandroni, (2013) “Revealed Preferences and Aspirations in Warm Glow Theory,” Economic Theory 54(3), 501-535. Saito, K. (2015), “Impure Altruism and Impure Selfishness,” Journal of Economic Theory 158(A), 336-70. Bendor, J., D. Diermeier, D. Siegel & M. Ting (2011), A Behavioral Theory of Elections, Princeton: Princeton University Press. (BDST), ch. 1, 2.

4. Voter Turnout Levine, D. and T. Palfrey (2007), “The Paradox of Voter Participation? A Laboratory Study,” American Political Science Review 101 (1), 143-158. Feddersen, T., Sandroni, A (2006), “A Theory of Participation in Elections,” American Economic Review 96, 127192. Levine, D. and A. Mattozzi (2017), “Voter Turnout with Peer Punishment”, working paper. BDST, ch. 4. Ali, S. N. and C. (2013), “Why People Vote: Ethical Motives and Social Incentives,” American Economic Journal: Microeconomics 5(2), 73–98. Krupnikov, Y. (2011), “When Does Negativity Demobilize? Tracing the Conditional Effect of Negative Campaigning on Voter Turnout,” American Journal of Political Science 55(4), 797-813. Goeree, J. and C. Holt (2005), “An Explanation of Anomalous Behavior in Models of Political Participation,” American Political Science Review, 99(2), 201-213.

5. Beliefs and Polarization
a. Prospect Theory – Loss Aversion and Status Quo Bias  Mercer, J. (2005), “Prospect Theory and Political Science,” Annual Review of Political Science, 8, 1-21.  Quattrone, G. and Amos Tversky( 1998), “Contrasting Rational and Psychological Analyses of Political Choice,” American Political Science Review 82(3) 719-736. Chong, D., and J. Druckman (2007), “Framing Theory,” Annual Review of Political Science, 10: 103-126.
b. Rational Polarization Dixit, A. and J. Weibull (2007), “Political Polarization,” Proceedings of the National Academy of Sciences 104(18), 7351-7356.  Baliga, S., E. Hanany, and P. Klibanoff (2013), “Polarization and Ambiguity,” American Economic Review 103(7), 3071–3083.  Andreoni, J., and T. Mylovanov. 2012. “Diverging Opinions.” American Economic Journal: Microeconomics 4 (1): 209–32. Benabou, R. (2008), “Ideology,” Journal of the European Economic Association 6(2/3), 321-352.
c. Confirmation Bias, Correlation Neglect, and Overconfidence Rabin, M., and J. Schrag (1999), “First Impressions Matter: A Model of Confirmatory Bias,” Quarterly Journal of Economics 114 (1), 37–82.
Lockwood, B. (2017), “Confirmation Bias and Electoral Accountability,” Quarterly Journal of Political Science, 11(4), 471-501. Levy, G. and R. Razin (2015), “Does Polarization of Opinions Lead to Polarization of Platforms? The Case of Correlation Neglect,” Quarterly Journal of Political Science 10(3), 321-355. Ortoleva, P. and E. Snowberg (2015), “Overconfidence in Political Behavior,” American Economic Review 105(7), 504-35.

6. Voter Choice Lodge, M., K M. McGraw, and P. Stroh (1989), “An Impression-Driven Model of Candidate Evaluation,” American Political Science Review, 83(2), 399–419. Druckman, J. N. (2004) “Political Preference Formation: Competition, Deliberation, and the (Ir)Relevance of Framing Effects,” American Political Science Review 98 (4), 671-686. Glaeser, E. and G. Ponzetto (2017), “Fundamental Errors in the Voting Booth,” NBER Working Paper 23683. Callander, S. and C. Wilson (2008), “Context-Dependent Voting and Political Ambiguity,” Journal of Public Economics 92, 565–581. BDST, chapter 5.

7. Politician Reactions BDST, chapter 3. Tomz, M. and P. Van Houweling. (2008). “Candidate Positioning and Voter Choice.” American Political Science Review 102 (3), 303-318. Matějka, F. and G. Tabellini (2017), “Electoral Competition with Rationally Inattentive Voters,” working paper. Diermeier, D. and C. Li (2017), “Electoral Control with Behavioral Voters,” The Journal of Politics 2017 79:3, 890902.  Drazen, A. and E. Yucel, (2018) “Candidate Dislikability and Policy Extremism,” working paper.

8. Behavioral Politicians Marcus G., 2000, “Emotions in Politics,” Annual Review of Political Science 3, 221-250. Drazen, A. and E. Ozbay (2018), “‘Does ‘Being Chosen to Lead’ Induce Non-Selfish Behavior? Experimental Evidence on Reciprocity,” Journal of Public Economics, forthcoming. Corazzini, L., S. Kube, M. A. Maréchal, and A. Nicolò (2014), “Elections and Deceptions: An Experimental Study on the Behavioral Effects of Democracy,” American Journal of Political Science, 58(3), 579–592. Dalmia, P., A. Drazen, and E. Ozbay (2019), “Reciprocity and Reelection: Theory and Evidence,” working paper.  Vis, B. and K. Van Kersbergen, 2007, “Why and How do Political Actors Pursue Risky Reforms?” Journal of Theoretical Politics 19(2), 153-172. Van Winden, F. (2015), “Political Economy with Affect: On the Role of Emotions and Relationships in Political Economics,” European Journal of Political Economy 40, 298–311.