"I know that my vote alone will not influence whether or not any new foreign trade legislation is enacted, so I have decided not to spend the time learning about various legislative proposals." This quote reflects an example of
A) the free- rider problem.
B) rational ignorance.
C) voter inefficiency.
D) government failure.

Question

Quizplus · Accepted Answer

Rational ignorance occurs when the cost of acquiring enough information to make an informed decision outweighs the benefits that the decision would provide. In this case, the individual decides not to learn about legislative proposals because they believe their single vote will not influence the outcome, indicating that the perceived benefit of being informed is less than the effort required to become informed.

"I Know That My Vote Alone Will Not Influence Whether