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Self-Imposed Term Limits

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  • Glaeser, Edward L

Abstract

In 'Reconciling voters' behavior with legislative term limits,' Dick and Lott argue that since more senior representatives are better at rent-seeking, there is an inefficient tendency to re-elect incumbents. In this model, term limits are preferred collectively by constituencies, even though no constituency would independently oust its incumbent representative. However, many term limits are unilaterally self-imposed (in particular the 22nd amendment limiting presidents' term to two), and their model cannot explain these limits. In this comment, the author suggests that term limits may be self-imposed by risk-averse voters, who prefer cycling between left and right wing candidates to a once-and-for-all election that imposed a candidate of a single ideology on the entre electorate. The market failure that makes term limits helpful is that out of power minorities cannot bribe the median voter. Copyright 1997 by Kluwer Academic Publishers

Suggested Citation

  • Glaeser, Edward L, 1997. "Self-Imposed Term Limits," Public Choice, Springer, vol. 93(3-4), pages 389-394, December.
    • Handle: RePEc:kap:pubcho:v:93:y:1997:i:3-4:p:389-94
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    Citations

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    Cited by:

    1. Smart, Michael & Sturm, Daniel M., 2013. "Term limits and electoral accountability," Journal of Public Economics, Elsevier, vol. 107(C), pages 93-102.
    2. Daniel J. Smith & George R. Crowley & J. Sebastian Leguizamon, 2021. "Long live the doge? Death as a term limit on Venetian chief executives," Public Choice, Springer, vol. 188(3), pages 333-359, September.
    3. Edward López & R. Jewell, 2007. "Strategic institutional choice: Voters, states, and congressional term limits," Public Choice, Springer, vol. 132(1), pages 137-157, July.
    4. Gabriel Leon, 2013. "Bad Apples: Political Paralysis and the Quality of Politicians," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 15(3), pages 433-447, June.
    5. Conconi, Paola & Sahuguet, Nicolas & Zanardi, Maurizio, 2018. "Electoral incentives, term limits, and the sustainability of peace," European Journal of Political Economy, Elsevier, vol. 51(C), pages 15-26.
    6. Per G. Fredriksson & Khawaja A. Mamun, 2014. "Tobacco Politics and Electoral Accountability in the United States," Public Finance Review, , vol. 42(1), pages 4-34, January.
    7. Mark Schelker, 2012. "The influence of auditor term length and term limits on US state general obligation bond ratings," Public Choice, Springer, vol. 150(1), pages 27-49, January.
    8. Daniel J. Smith, 2020. "Turn-taking in office," Constitutional Political Economy, Springer, vol. 31(2), pages 205-226, June.
    9. Conconi, Paola & Sahuguet, Nicolas, 2009. "Policymakers' horizon and the sustainability of international cooperation," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 549-558, April.
    10. Panu Poutvaara & Tuomas Takalo & Andreas Wagener, 2017. "The Optimal Duration of Contracts," CESifo Working Paper Series 6808, CESifo.
    11. Giovanni Di Bartolomeo & Marco Di Pietro & Enrico Saltari & Willi Semmler, 2018. "Public debt stabilization: the relevance of policymakers’ time horizons," Public Choice, Springer, vol. 177(3), pages 287-299, December.
    12. Tsur, Yacov, 2022. "Political tenure, term limits and corruption," European Journal of Political Economy, Elsevier, vol. 74(C).
    13. Fernando Aragón & Ricardo Pique, 2020. "Better the devil you know? Reelected politicians and policy outcomes under no term limits," Public Choice, Springer, vol. 182(1), pages 1-16, January.
    14. Mark Schelker, 2009. "Auditor Terms and Term Limits in the Public Sector: Evidence from the US States," CREMA Working Paper Series 2009-19, Center for Research in Economics, Management and the Arts (CREMA).

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