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Political Equilibrium with Private Or/And Public Campaign Finance : A Comparison of Institutions
Roemer, John E. - 2007
We propose a theory of party competition (two parties, single-issue) where citizens acquire party membership by …
Persistent link: https://www.econbiz.de/10014088392
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Why do policy makers stick to inefficient decisions?
Dur, Robert A. J. - 1999 - This draft: June 1999
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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Do Elections Always Motivate Incumbents? Experimentation vs. Career Concerns
Le Borgne, Eric - 2006
This paper studies a principal-agent model of the relationship between an incumbent officeholder and the electorate, where the officeholder is initially uninformed about her ability. If officeholder effort and ability interact in the production function that determines performance in office,...
Persistent link: https://www.econbiz.de/10012783048
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Politicians' Coherence and Government Debt
Bellettini, Giorgio - 2016
related to the incoherence cost that politicians pay when they renege on promised platforms. In this context, we suggest a …
Persistent link: https://www.econbiz.de/10012978002
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Electoral Ambiguity and Political Representation
Kartik, Navin - 2015
limits on discretion are desirable when politicians do not share the electorate's policy preferences. Optimal political … optimal representation: the elected politician's platform is generally overly ambiguous. While our theory rationalizes a …
Persistent link: https://www.econbiz.de/10013012961
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Who is the ultimate boss of legislators : voters, special interest groups or parties?
Stadelmann, David; Torrens, Gustavo - 2020
Politicians have multiple principals. We investigate the weights that politicians put on the revealed preferences of … substantial role in legislative decisions. We explore conflict among principals as well as heterogeneity among politicians. Our …
Persistent link: https://www.econbiz.de/10012425941
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Electoral Control and the Human Capital of Politicians
Buisseret, Peter E.; Prato, Carlo - 2016
conditions can voters benefits from improvements in the human capital of their politicians? We address this question in a model … requires the provision of electoral incentives. Third, the reward to politicians from the pursuit of alternative activities to …
Persistent link: https://www.econbiz.de/10014153703
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Dynastic Politicians : Theory and Evidence from Japan
Asako, Yasushi; Iida, Takeshi; Matsubayashi, Tetsuya; … - 2014
Dynastic politicians, who are defined as those whose family members have also served for the same position in the past …, occupy a sizable portion of political offices in many parts of the world. We develop a model of how dynastic politicians with …
Persistent link: https://www.econbiz.de/10014167396
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Why Do Policy Makers Stick to Inefficient Decisions?
Dur, Robert - 1999
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/10014190584
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To Redistribute or Not : A Politician's Dilemma
Machado, Fabiana V. P. - 2013
outcome, this pa- per develops a theory exploring two fundamental factors at play during elections – the critical political … inequality and low redistribution can coexist. The theory's assumptions and outcomes are explored empirically using individual …
Persistent link: https://www.econbiz.de/10013087890