What causes rational ignorance?

What causes rational ignorance?

Ignorance about an issue is said to be “rational” when the cost of educating oneself about the issue sufficiently to make an informed decision can outweigh any potential benefit one could reasonably expect to gain from that decision, and so it would be irrational to waste time doing so.

What is rational ignorance quizlet?

Rational Ignorance. when the cost of acquiring information is greater than the benefits to be derived from the information, it is rational to be ignorant.

What is ignorance theory sociology?

Ignorance is typically thought of as the absence or opposite of knowledge. In global societies that equate knowledge with power, ignorance is seen as a liability that can and should be overcome through increased education and access to information.

Why do some voters choose to be rationally ignorant quizlet?

The process of understanding the electorate system, the candidates’ platforms, and critically assessing the candidates’ policies takes up more of the voter’s time than it is worth. Economists say that voters are rationally ignorant about politics because: the incentives to be fully informed are low.

Why are voters generally considered myopic quizlet?

why are voters generally considered myopic? They focus on economic conditions in the year of the election not over the entire term of the presidency.

What is the median voter model?

The more informal assertion – the median voter model – is related to Harold Hotelling’s ‘principle of minimum differentiation’, also known as ‘Hotelling’s law’. It states that politicians gravitate toward the position occupied by the median voter, or more generally toward the position favored by the electoral system.

What is the ignorance contract?

The apartheid narratives illustrate that for ignorance to function as social regulation, subjectivities must be formed that are appropriate performers of ignorance, disciplined in cognition, affect and ethics.

What is the study of ignorance?

Obscurantism – Practice of obscuring information. Sociology of scientific ignorance – Study of ignorance in science, or Ignorance Studies, the study of ignorance as something relevant.

What is the median voter rule?

What is the median voter theorem simplified?

It states that if voters and policies are distributed along a one-dimensional spectrum, with voters ranking alternatives in order of proximity, then any voting method which satisfies the Condorcet criterion will elect the candidate closest to the median voter.

What is the ignorance defense?

Ignorance of the Law as a Defense The general rule is that ignorance of the law is not a defense. However, as with many things in the legal realm, there are exceptions to the rule. In limited circumstances, ignorance of the law, or simply not realizing that something is illegal, can be a defense.

What is ignorance in ethics?

Article Summary. Moral ignorance is ignorance about the permissibility of one’s conduct. It involves both conceptual and normative issues. We could ask what it is, and we could ask when agents are culpable for it.

What is the product of ignorance?

Overconfidence is a product of ignorance.

What is the median theory?

In statistics and probability theory, the median is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution. For a data set, it may be thought of as “the middle” value.

What is an example of ignorance?

The condition of being uninformed or uneducated. Lack of knowledge or information. The definition of ignorance is being unaware, uneducated or unknowledgeable. An example of ignorance is someone showing up to a fancy cocktail party in a casual outfit.