Question

In: Economics

Which of the following statements regarding rational ignorance are true? Check all that apply. Rational voter...

Which of the following statements regarding rational ignorance are true? Check all that apply.

Rational voter ignorance occurs when a voter chooses a candidate who supports policies that are not in the best economic interest of the voter.

Because candidates take stands on a wide range of issues, a rationally ignorant voter may choose not to fully assess the costs and benefits of voting for a particular candidate.

A rationally ignorant voter may choose a political candidate based simply on party affiliation or public appearances rather than the candidate's positions on a wide range of issues.

Solutions

Expert Solution

Option (B) and (C) are correct because Rational ignorance implies that refraining someone from acquiring knowledge . It occurs when the cost of educating one exceeds the benefit that the knowledge would provide. Therefore, a rational ignorant voter may choose a political candidate based simply on party affiliation or public appearances rather than the candidate's position on a wide range of issues. And rational gnorant find it difficult to gauge the benefits of voting because there are wide range of issues , and rational ignorant may not fully assess the costs and benefits of voting for a particular candidate.

Rational voter ignorance doesn't occurs when a voter chooses a candidate who supports policies that are not in the best interest of the voter.It occurs when they vote without being informed about the interests. Because it is not good to informed as there vote count is just a small part. Hence, Option(A) is not correct.


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