In their pursuit of being elected, politicians might not provide their constituents with independent viewpoints, but …, "candor", can be sustained as equilibria. This means that the public's trust or distrust in politicians may be self …-fulfilling prophecies. Importantly, the more informed politicians are about public opinion, the more likely it is that populist behavior can …

of experimentation is suboptimal, taking decisions by direct democracy, or electing risk-loving politicians, could …

In this paper, we address empirically the trade-offs involved in choosing between bureaucrats and politicians. In order … counterparts (”politicians”). We evaluate how performance would change if the courts replaced majority rule with unanimity rule …

election is safe for the incumbent (low competition) or if it is extremely fragile (high competition) then corruption is higher … results suggest that over-reliance on elections to discipline politicians is misplaced …

election is safe for the incumbent (low competition) or if it is extremely fragile (high competition) then corruption is higher … results suggest that over-reliance on elections to discipline politicians is misplaced. …