Do Elections Always Motivate Incumbents? Learning vs. Re-Election Concerns
Do Elections Always Motivate Incumbents? Learning vs. Re-Election Concerns
复制标题
选举总是能激励现任者吗?
DOI:
10.1007/s11127-006-0863-6
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发表时间:
2004
期刊:
影响因子:
1.6
通讯作者:
Ben Lockwood
中科院分区:
文献类型:
--
作者:
Eric Le Borgne;Ben Lockwood
This paper studies a principal-agent model of the relationship between office-holder and an electorate, where everyone is initially uninformed about the office-holder’s ability. If office-holder effort and ability interact in the determination of performance in office, then an office-holder has an incentive tolearn, i.e., raise effort so that performance becomes a more accurate signal of her ability. Elections reduce the learning effect, and the reduction in this effect may more than offset the positive “re-election concerns” effect of elections on effort, implying higher effort with appointment. When this occurs, appointment of officials may welfare-dominate elections.