Abstract:The term "swiftboating" arose out of advertisements aired in the 2004 presidential campaign and has now come to refer to any untrue political advertising. I develop an equilibrium model of voting behavior and candidate advertising in a presidential election with misleading and non-misleading advertising. I estimate the model using a unique dataset I created by systematically quantifying misleading statements in political advertisement videos in the 2008 election using FactCheck.org and Politi-Fact.com. A candi… Show more
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