Risk Preferences in the Delegation Process

• Published in: Political behavior Vol. 46; no. 4; pp. 2053 - 2074
• Main Authors: Schwaninger, Manuel C., Mühlböck, Monika, Sauermann, Jan
• Format: Journal Article
• Language: English
• Published: New York Springer US 01.12.2024; Springer Nature B.V
• Subjects: Decisions; Incumbency; Original Paper; Political Science; Political Science and International Relations; Political Science and International Studies; Politicians; Politics; Preferences; Risk; Sociology; Voters; Delegation process; Incumbency advantage; Risk preferences; Voting; Outcome bias; Online experiment

Political decisions usually involve risks regarding potential outcomes. In an ideal representative system, voters should therefore evaluate politicians not only according to the policies they support, but also according to their inclination to take risks. In this study, we examine whether risk prefe...