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We study electoral competition among politicians who are heterogeneous both in competence and in how much they care … politicians may have stronger incentives to behave opportunistically if other politicians are more likely to behave … politicians’ incentives to behave opportunistically increase with politicians’ pay and with polarization of policy preferences. …
Persistent link: https://www.econbiz.de/10011335188
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We develop a simple two period model to study the importance of motivational differences among politicians in … describing the role of elections and explaining policy choices. In our model, politicians differ in their motives of running … public office. Good politicians care about policies while bad politicians care about rent extraction. Voters want to control …
Persistent link: https://www.econbiz.de/10011343267
Politicians differ in their ability to implement some policy. In an election, candidates make commitments regarding the …
Persistent link: https://www.econbiz.de/10011380750
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Interest groups are introduced in a spatial model of electoral competition between two political parties. We show that, by coordinating voting behavior,these interest groups increase the winning set, which is defined as the set of policy platforms for the challenger that will defeat the...
Persistent link: https://www.econbiz.de/10011379359
This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10011301144
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Democracies delegate substantial decision power to politicians. Using a model in which an incumbent can design, examine …. Elections are needed as a carrot and a stick to motivate politicians, yet politicians who are overly interested in re …
Persistent link: https://www.econbiz.de/10011334365
We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...
Persistent link: https://www.econbiz.de/10011326940