Rational ignorance occurs when
A)voters find the cost of understanding a specific issue is greater than the expected benefit
B)legislation generates large benefits for a few people but imposes costs on many people
C)the preferences of the median voter dominates public choices
D)individuals or firms attempt to obtain favorable treatment from government officials
E)people make public decisions based on emotion rather than a rational analysis

Question

Quizplus · Accepted Answer

Rational ignorance occurs when voters find the cost of understanding a specific issue is greater than the expected benefit. This means that individuals may choose not to become well-informed about certain political issues because they believe that the cost (in time or effort) of doing so outweighs the potential benefits (such as making a more informed decision). As a result, rational ignorance can lead to uninformed voting and suboptimal policy outcomes.

Rational Ignorance Occurs When