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Expected Utility and Political Decision Making  

Jona Linde

Expected utility theory is widely used to formally model decisions in situations where outcomes are uncertain. As uncertainty is arguably commonplace in political decisions, being able to ... More

Strategic Voting Versus Sincere Voting  

Damien Bol and Tom Verthé

People do not always vote for the party that they like the most. Sometimes, they choose to vote for another one because they want to maximize their influence on the outcome of the election. ... More

Sunk Costs and Political Decision Making  

Charles A. Miller

The “sunk costs fallacy” is a popular import into political science from organizational psychology and behavioral economics. The fallacy is classically defined as a situation in which ... More

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