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A political agency model of coattail voting

  • Zudenkova, Galina

This paper provides a theoretical model for the coattail effect, where a popular candidate for one branch of government attracts votes to candidates from the same political party for other branches of government. I assume a political agency framework with moral hazard in order to analyze the coattail effect in simultaneous presidential and congressional elections. I show that coattail voting is the outcome of the optimal reelection scheme adopted by a representative voter to motivate politicians' efforts in a retrospective voting environment. I assume that an office-motivated politician (executive or member of congress) prefers her counterpart to be affiliated with the same political party. This correlation of incentives leads the voter to adopt a joint performance evaluation rule, which is conditioned on the politicians belonging to the same party or to different parties.

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File URL: http://www.sciencedirect.com/science/article/pii/S0047272711001307
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Article provided by Elsevier in its journal Journal of Public Economics.

Volume (Year): 95 (2011)
Issue (Month): 11 ()
Pages: 1652-1660

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Handle: RePEc:eee:pubeco:v:95:y:2011:i:11:p:1652-1660
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505578

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