Economic Vote: Portugal in the first two decades of the 21st century
Rodrigo Martins () and
Mário Domingos
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Rodrigo Martins: University of Coimbra, CeBER, Faculty of Economics
Mário Domingos: University of Coimbra, Faculty of Economic
Notas Económicas, 2025, issue 59, 35-48
Abstract:
Economic and political phenomena coexist in society, but are often seen as divergent spheres of human action and interaction. A theoretical manifestation of this separation is the assumption that while economic agents act in their own self-interest, political agents are motivated by the public interest. Additionally, it is commonly assumed – if only implic-itly – that political agents possess all the necessary knowledge for rational action, effectively portraying political agents as omniscient beings. Drawing on public choice theory and on the economic literature on the nature of knowledge, we review arguments that challenge the two assumptions.
Keywords: Local economy; Elections; Portugal; Economic Vote. (search for similar items in EconPapers)
JEL-codes: D72 H7 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:gmf:journl:y:2025:i:59:p:35:48
DOI: 10.14195/2183-203X_59_2
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