1983
DOI: 10.1037/0022-3514.45.3.477
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When prophecy bends: The preference–expectation link in U.S. presidential elections, 1952–1980.

Abstract: Using data from national surveys done prior to the past eight U.S. presidential elections by the Survey Research Center/Center for Political Studies of the University of Michigan, the relation between preference and expectation was analyzed. In each year, people tended to expect their preferred candidate to win by a ratio of about 4:1. This relationship was diminished, though it was still significant, in the years in which the outcome was relatively unambiguous. The relationship was strongest among people who … Show more

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Cited by 165 publications
(116 citation statements)
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References 46 publications
(39 reference statements)
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“…However, the investigation of the role of knowledge in attenuating the effect of wishful thinking has yielded mixed results. Whereas Granberg and Brent (1983) found that in US presidential elections wishful thinking was strongest among poorly informed citizens, Babad (1995) was unable to support this finding in his study of the 1992 Israeli election.…”
Section: Economic Perceptions In Central and Eastern Europementioning
confidence: 90%
See 1 more Smart Citation
“…However, the investigation of the role of knowledge in attenuating the effect of wishful thinking has yielded mixed results. Whereas Granberg and Brent (1983) found that in US presidential elections wishful thinking was strongest among poorly informed citizens, Babad (1995) was unable to support this finding in his study of the 1992 Israeli election.…”
Section: Economic Perceptions In Central and Eastern Europementioning
confidence: 90%
“…In a series of experiments, social psychologists revealed that wishful thinking is widely present among sports fans and even sports bettors who ignore the odds of their favorite team to win (Babad 1987;Babad and Katz 1991). In electoral studies, the effect of wishful thinking has been explored in the U.S., Sweden, Israel and other democratic states (Granberg and Brent 1983;Babad et al 1992;Babad and Yacobos 1993;Babad 1995). All of the authors registered the operation of a wishful thinking mechanism among voters in predicting election outcomes.…”
Section: Economic Perceptions In Central and Eastern Europementioning
confidence: 99%
“…First, these traders may take on substantial risk, since their portfolios will be heavily "tilted" toward one of the contracts. Second, partisan traders' inability to accommodate new information as rapidly as nonpartisan traders (49) results in their constant willingness to buy (or sell, depending on their bias) which prevents returns with larger magnitude from occurring. Interestingly, our findings for the 2000 Republican contract mirrors unexplained findings for the Indian stock market.…”
Section: Political Sciencesmentioning
confidence: 99%
“…6 In addition to probability inaccuracies, humans are prone to selfconfirmation in cases where equivocal information exists or, in other words, "we perceive what we expect to perceive." 7 A wealth of research has demonstrated the human tendency to search out and attend only to evidence that confirms one's ideas, beliefs, or hypotheses. 8 The problem with the confirmatory tendency is that only information supportive of one's beliefs is attended to, even in the face of extremely disconfirming information.…”
Section: Information Restriction and Selectionmentioning
confidence: 99%
“…This bias has been documented repeatedly, and may help account for the continued failure to use additional information. 7 This hindsight bias creates what personality psychologist H. J. Einhorn calls an "illusion of learning." 58 Given that humans as processors of information are quite fallible, what is to be done?…”
Section: Training and Experience As Remedies To Poor Judgment?mentioning
confidence: 99%