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Zoekresultaten

Zoekopdracht: faculteit: "FEB" en publicatiejaar: "2010"

AuteursM.A. Haan, B. Los, S. Onderstal, Y.E. Riyanto
TitelPunching above one's weight: The case against election campaigns
UitgeverTinbergen Institute
PlaatsAmsterdam
Jaar2010
Pagina's24
SerietitelTinbergen Institute discussion paper
SerienummerTI 2010-056/1
FaculteitFaculteit Economie en Bedrijfskunde
Instituut/afd.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
SamenvattingPoliticians differ in their ability to implement some policy. In an election, candidates make commitments regarding the plans they will try to implement if elected. These serve as a signal of true ability. In equilibrium, candidates make overambitious promises. The candidate with the highest ability wins. Yet, the electorate may be better off having a random candidate implement her best plan, rather than seeing the winner implementing an overambitious plan. This is more likely if the ability distribution is skewed toward high values, the number of candidates is high, with private benefits from being elected, or if parties select candidates.
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