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We examine a model in which two politicians compete for office and for wages. Their remunerations are either set by the public or are offered competitively by the candidates during campaigns. Our main finding shows that competitive wage offers by candidates lead to lower social welfare than...
Persistent link: https://www.econbiz.de/10011422108
The thesis studies the potential of incentive contracts for politicians using game-theoretic methods. Supplementing the election mechanism with these contracts is a new idea to make politicians more accountable. Two types of incentive contracts are considered: a) monetary incentive contracts...
Persistent link: https://www.econbiz.de/10009476167
data on personal votes in real elections with a web survey in which 2,513 non-Finnish respondents evaluated the facial … municipal and parliamentary elections and that they have a larger beauty premium in municipal, but not in parliamentary …, elections. As municipal candidates are relatively unknown, the beauty-premium gap indicates that voters especially those to the …
Persistent link: https://www.econbiz.de/10010278420
female and male candidates and how different candidate traits relate to success in real and hypothetical elections. We have … success in real elections better than evaluations of competence, intelligence, likability, or trustworthiness. The beauty …
Persistent link: https://www.econbiz.de/10010320093
Australia, Finland, France, and the United States. This appearance gap gives candidates on the right an advantage in elections … 6% in the 2000-2006 U.S. Senate elections because they fielded candidates who looked more competent. These shifts are … Republicans also won nine of the 15 gubernatorial elections where looks were decisive. Using Finnish data, we also show that …
Persistent link: https://www.econbiz.de/10010320237
Recent research has documented that competent-looking political candidates do better in U.S. elections and that … that babyfaced political candidates are perceived as less competent and therefore fare worse in elections. We test this …
Persistent link: https://www.econbiz.de/10010320336
Using unique survey data that allows us to observe both voters' and politicians' preferences for local public spending as well as voting decisions, this paper tests if voters typically support parties in which the politicians' preferences are closest to their own. Doing so would be rational for...
Persistent link: https://www.econbiz.de/10010321365
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10011753121
The absence of the deselection threat in incumbents’ last term in office can be negative or positive for society. Some politicians may reduce their efforts, while others may pursue beneficial long-term policies that may be unpopular in the short term. We propose a novel pension system that...
Persistent link: https://www.econbiz.de/10011753222
This paper studies the effects of power-concentrating institutions on the quality of political selection, i.e., the voters' capacity to identify and empower well-suited politicians. In our model, candidates are heterogeneous in two unobservable quality aspects: ability and public-spiritedness....
Persistent link: https://www.econbiz.de/10011430775