Showing 1 - 10 of 94,380
testable predictions. We test these in a laboratory experiment and find that observed election outcomes and vote shares are …We construct an election game to study the electoral impacts of biased candidate endorsements. We derive a set of … well predicted. We find no support, however, for our prediction that the relationship between election outcome and the …
Persistent link: https://www.econbiz.de/10012841512
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...
Persistent link: https://www.econbiz.de/10012545128
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 …
Persistent link: https://www.econbiz.de/10011397764
voters' capacity to identify and empower well-suited politicians. In our model, candidates are heterogeneous in two … concentration of power in the hands of the election winner is optimal if and only if the conflict of interest is small. …
Persistent link: https://www.econbiz.de/10011430775
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 …
Persistent link: https://www.econbiz.de/10011584560
We show that a large electorate of ignorant voters can succeed in establishing high levels of electoral accountability. In our model an incumbent politician is confronted with a large number of voters who receive very noisy signals about her performance. We find that the accountability problem...
Persistent link: https://www.econbiz.de/10011287647
voters' capacity to identify and empower competent politicians. In our model, candidates are privately informed about their … motivation. In particular, full concentration of power is desirable if and only if politicians are mostly welfare-oriented. The …
Persistent link: https://www.econbiz.de/10010483274
-tier political agency model with voters, politicians and bureaucrats. In the model's hierarchy, politicians are constrained by … election while bureaucrats are controlled by the budget. Bureaucrats' discretion provides them with political power to force … politicians to make compromise. If voters and bureaucrats prefer different types of politicians, i.e., they have a conflict of …
Persistent link: https://www.econbiz.de/10012981308
database includes the level of funding, as well as the origin of the resources the politicians have at their disposal. The …
Persistent link: https://www.econbiz.de/10013140277
Politicians have limited ability to influence policy. This provides an incentive for politicians to feign, whereby they …
Persistent link: https://www.econbiz.de/10012846640