Rational inattention theory applies to politicians as well. They concentrate on the daily issues that affect their next re-election. They don't put much effort into longer term issues that would improve the lives of their constituents in five or ten years time, or even those issues that would affect the children and grandchildren of their constituents..
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Rational inattention theory applies to politicians as well. They concentrate on the daily issues that affect their next re-election. They don't put much effort into longer term issues that would improve the lives of their constituents in five or ten years time, or even those issues that would affect the children and grandchildren of their constituents..