When voters are myopic, politicians will prefer policies that generate:

Question

Quizplus · Accepted Answer

When voters are myopic, politicians are incentivized to focus on policies that generate immediate benefits, even if those policies have larger costs in the future. As such, politicians will prefer policies that generate small benefits now and large costs later. This is because voters are more likely to remember the immediate benefits and rewards provided by the policy, rather than the deferred costs that will be incurred later on.

When Voters Are Myopic, Politicians Will Prefer Policies That Generate