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and panel participants at the 2002 meetings of the Midwest Political Science Association for many helpful suggestions. Abstract I explore a behavioral model of political participation, first introduced by Quat-trone and Tversky (1988), based on the primitives of prospect theory, as defined by Kahneman and Tversky (1979). The implications of the model(More)
This paper describes a theory of political participation based on loss aversion and derives its predictions for midterm Congressional elections. In addition, the paper discusses the five most prominent explanations for the midterm effect, an empirical regularity of US Congressional elections in which the president's party tends to perform poorly. 1 The Loss(More)