Abstract:In the policy information market, a politician demands policy knowledge and information. When making a policy decision, he/she is confronted with considerable uncertainty about policy impacts, citizens' preferences and their reactions to his/her decision. A politician aiming at reelection will make an effort to make a deliberate decision so that the possibility of reelection could increase. Such decision making is facilitated by policy knowledge and information, which he/she seeks. Policy knowledge and informa… Show more
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