Arne R. Weiss and Irenaeus Wolff, Economics Bulletin, 33(1): 794–796, 2013

  • In elections that are based on self-descriptions of the candidates, voters on average expect elected candidates to line their pockets more than randomly-selected candidates. However, this is not the case. The difference in voter-expectations comes exclusively from those who voted for the losing candidate. They are all too pessimistic with respect to the winner. A comforting finding for real elections, if your candidate didn‘t make it this time…