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Do Elections Always Motivate Incumbents? Experimentation vs. Career Concerns

Do Elections Always Motivate Incumbents? Experimentation vs. Career Concerns »

Source: Do Elections Always Motivate Incumbents? Experimentation vs. Career Concerns

Volume/Issue: 2003/57

Series: IMF Working Papers

Author(s): Ben Lockwood , and Eric Le Borgne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2003

ISBN: 9781451847796

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...

Do Elections Always Motivate Incumbents? Experimentation vs. Career Concerns

Do Elections Always Motivate Incumbents? Experimentation vs. Career Concerns »

Volume/Issue: 2003/57

Series: IMF Working Papers

Author(s): Ben Lockwood , and Eric Le Borgne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2003

DOI: http://dx.doi.org/10.5089/9781451847796.001

ISBN: 9781451847796

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...