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Do elections lead to informed public decisions?

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  • Otto Swank
  • Bauke Visser

    ()

Abstract

Democracies delegate substantial decision power to politicians. We analyse a model in which the electorate wants an office-motivated incumbent to design, examine and implement public policies. We show that voters can always encourage politicians to design projects. However, they cannot always induce politicians to examine projects. In fact, politicians who would examine policies without elections, say because of a concern about the public interest, may shy away from policy examination with elections. Copyright Springer Science + business Media B.V. 2006

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File URL: http://hdl.handle.net/10.1007/s11127-006-9065-5
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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 129 (2006)
Issue (Month): 3 (December)
Pages: 435-460

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Handle: RePEc:kap:pubcho:v:129:y:2006:i:3:p:435-460

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Web page: http://www.springerlink.com/link.asp?id=100332

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Keywords: Democracy; Policy examination; Multiple tasks; Information; Elections;

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  13. Kenneth Rogoff, 1987. "Equilibrium Political Budget Cycles," NBER Working Papers 2428, National Bureau of Economic Research, Inc.
  14. Hans Gersbach, 2004. "Competition of Politicians for Incentive Contracts and Elections," Public Choice, Springer, vol. 121(1), pages 157-177, October.
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  16. Frey, Bruno S & Oberholzer-Gee, Felix & Eichenberger, Reiner, 1996. "The Old Lady Visits Your Backyard: A Tale of Morals and Markets," Journal of Political Economy, University of Chicago Press, vol. 104(6), pages 1297-1313, December.
  17. Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
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Citations

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Cited by:
  1. Mejía Cubillos, Javier, 2012. "Libertad y desempeño económico
    [Freedom and economic performance]
    ," MPRA Paper 37939, University Library of Munich, Germany.
  2. Enrico Giovannini, 2007. "Statistics and Politics in a "Knowledge Society"," OECD Statistics Working Papers 2007/2, OECD Publishing.
  3. Eric Borgne & Ben Lockwood, 2006. "Do Elections Always Motivate Incumbents? Learning vs. Re-Election Concerns," Public Choice, Springer, vol. 129(1), pages 41-60, October.

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