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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/18867
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| Title: | | Politicians' motivation, political culture, and electoral competition  |
| Authors: | | Beniers, Klaas J. Dur, Robert |
| Issue Date: | | 2004 |
| Series/Report no.: | | CESifo working papers 1228 |
| Abstract: | | We study electoral competition among politicians who are heterogeneous both in competence and in how much they care about (what they perceive as) the public interest relative to the private rents from being in office. We show that politicians? incentives to behave opportunistically increase with politicians? pay and with polarization of policy preferences. Moreover, politicians may have stronger incentives to behave opportunistically if other politicians are more likely to behave opportunistically. A political culture may therefore be selfreinforcing and multiple equilibria may arise. Lastly, we show that the mere probability that politicians care about the public interest enables opportunistic politicians to damage the reputation of their competitors. Consequently, efficient policies may be reversed. |
| Subjects: | | politicians' motivation politicians' pay political culture electoral competition coalition governments reputation bashing |
| JEL: | | D78 D72 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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