AbstractIn this paper I analyse how careerist judges formulate their decisions using information they uncover during deliberations as well as relevant information from previous decisions. I assume that judges have reputation concerns and try to signal to an evaluator that they can interpret the law correctly. If an appeal is brought, the appellate court's decision reveals whether the judge interpreted the law properly and allows the evaluator to assess the judge's ability. The monitoring possibilities for the evaluator are therefore endogenous, because the probability of an appeal depends on the judge's decision. I find that judges with career concerns tend to contradict previous decisions inefficiently. I also show that judges behave more efficiently when elected by the public than when appointed by fellow superior judges.
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Bibliographic InfoPaper provided by Suntory and Toyota International Centres for Economics and Related Disciplines, LSE in its series STICERD - Theoretical Economics Paper Series with number 457.
Date of creation: May 2003
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Web page: http://sticerd.lse.ac.uk/_new/publications/default.asp
Career concerns; judicial decision-making.;
Other versions of this item:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-11-23 (All new papers)
- NEP-CDM-2003-11-23 (Collective Decision-Making)
- NEP-POL-2003-11-23 (Positive Political Economics)
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