How politicians make decisions under risk: a political choice experiment

Enrique Fatas, Tibor Neugebauer, Pilar Tamborero

Research output: Contribution to journalArticlepeer-review

21 Citations (Scopus)

Abstract

The present paper reports on a political choice experiment with elected real-world politicians. A questionnaire on political and public issues is used to examine whether prospect theory predicts the responses of experts from the field better than rational choice theory. The results indicate that framing effects do not disappear with expertise.
Original languageEnglish
Pages (from-to)167-196
Number of pages30
JournalJournal of Economics
Volume95
Issue number2
DOIs
Publication statusPublished - 2007

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