Flight to Safety: COVID-Induced Changes in the Intensity of Status Quo Preference and Voting Behavior

Autor: James Bisbee, Dan Honig
Rok vydání: 2021
Předmět:
Zdroj: American Political Science Review. 116:70-86
ISSN: 1537-5943
0003-0554
Popis: The relationship between anxiety and investor behavior is well known enough to warrant its own aphorism: A "flight to safety."We posit that anxiety alters the intensity of voters' preference for the status quo, inducing a political flight to safety toward establishment candidates. Leveraging the outbreak of the novel coronavirus during the Democratic primary election of 2020, we identify a causal effect of the outbreak on voting, with Biden benefiting between 7 and 15 percentage points at Sanders's expense. A survey experiment in which participants exposed to an anxiety-inducing prompt choose the less disruptive hypothetical candidate provides further evidence of our theorized flight to safety among US-based respondents. Evidence from 2020 French municipal and US House primary elections suggests a COVID-induced flight to safety generalizes to benefit mainstream candidates across a variety of settings. Our findings suggest an as-yet underappreciated preference for "safe"candidates in times of anxiety. © The Author(s), 2021. Published by Cambridge University Press on behalf of the American Political Science Association.
Databáze: OpenAIRE