Series: IMF Working Papers
Author(s): Ben Lockwood , and Eric Le Borgne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2003
Keywords: Career Concern, Elections, Citizen Candidate, Experimentation, Tournaments, Political Business Cycles, election, voters, probability, voting
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 abil...