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Other Fields Homework Help Economics Topic started by: Cuba on Jun 18, 2015



Title: What is meant by the term "rational ignorance"?
Post by: Cuba on Jun 18, 2015
What is meant by the term "rational ignorance"?
A) It refers to the fact that policymakers and their constituents have different ideas of what it means to behave rationally and each party deliberately ignores the other's view.
B) It refers to the absence of a negative incentive, such as levying a fine for not voting, which results in low voter turnout.
C) It refers to a situation where one policymaker deliberately approves legislation he does not support in exchange for a future favorable vote for his own cause.
D) It means the lack of an economic incentive for voters to become informed about a pending vote.


Title: Re: What is meant by the term "rational ignorance"?
Post by: IloveChi on Aug 27, 2015
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Title: Re: What is meant by the term "rational ignorance"?
Post by: Cuba on Aug 31, 2015
I have a major exam next week. Thank you for taking the time to answer. Problem solved.


Title: Re: What is meant by the term "rational ignorance"?
Post by: IloveChi on Aug 31, 2015
You're welcome.

Feels nice to be right :p