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Department of Economics, Stockholm University Research Papers in Economics, Department of Economics, Stockholm University

No 2002:3:
Political Media Contests and Confirmatory Bias

Adam Jacobsson ()

Abstract: This paper models a two-period media contest between two political

candidates campaigning to win an election. Two main cases

are examined. In the first case voters behave as unbiased Bayesian

updaters when assessing political information. The second case considers

voters suffering from confirmatory bias. In the first case I find

that candidates spend equal amounts of their campaign funds in both

periods in equilibrium. In the second case, candidates spend more

in period one. A candidate with better media access (in period one)

does, however, better if voters suffer from confirmatory bias than if

they do not.

Keywords: Election campaigns; voting behavior; confirmatory bias. Election campaigns; voting behavior; confirmatory bias. Election campaigns; voting behavior; confirmatory bias. Election campaigns; voting behavior; confirmatory bias; (follow links to similar papers)

JEL-Codes: D72; D81; D83; (follow links to similar papers)

25 pages, January 29, 2002

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