Are conservatives overconfident?

Pietro Ortoleva and Erik Snowberg

European Journal of Political Economy, 2015, vol. 40, issue PB, 333-344

Abstract: Recent studies suggest psychological differences between conservatives and liberals, including that conservatives are more overconfident. We use a behavioral political economy model to show that while this is undoubtedly true for election years in the current era, there is no reason to believe that conservative ideologies are intrinsically linked to overconfidence. Indeed, it appears that in 1980 and before, conservatives and liberals were equally overconfident.

Keywords: Behavioral political economy; Overconfidence; Media; Ideology; Extremeness (search for similar items in EconPapers)
JEL-codes: C83 D03 D72 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:40:y:2015:i:pb:p:333-344

DOI: 10.1016/j.ejpoleco.2015.04.007

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