When politicians have lower discount factors than voters, democratic elections cannot sufficiently motivate politicians … to undertake long-term socially beneficial projects. When politicians can offer incentive contracts which become … politicians’ time preferences. In the non-commitment case, incentive contracts may need to include a golden parachute clause …

partisan affiliation on the other hand. In contrast to ideology-driven individuals, "middle of the road" voters care about the …

We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to …

. -- beauty ; elections ; political candidates ; appearance ; ideology ; parties …

aspect of the services of experts (e.g., of doctors, lawyers, and accountants), and the role that voluntary pro bono work … might play. Expert services have un- verifiable quality to non-experts and are subject to moral hazard. Experts who cheat … their customers should crowd out experts who do not, resulting in low trust, prestige, and wages. We ask how pro bono work …

office. Based on a sample of 356 inexperienced and experienced local politicians in West Bengal, India, we combine survey … in the attitudes of inexperienced politicians, a lower faith in political institutions and a greater distaste for … corruption can be seen among experienced politicians, particularly women. However, this seeming hardening in attitudes among …

to influence a smaller number of decision makers. Ideology can influence whether rent seeking is recognized to exist. …