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Free riding on successors, delay, and extremism

Author

Listed:
  • Amihai Glazer

    (University of California, Irvine)

  • Stef Proost

    (KU Leuven)

Abstract

An incumbent who can shift the cost of action to a successor may choose to avoid incurring the cost of an action the incumbent favors, resulting in delay. The delay will be longer the closer the preferences of officials to each other, the higher the fixed cost of action, and the higher the discount rate. Incumbents with moderate preferences have a greater incentive to postpone action than do extremists.

Suggested Citation

  • Amihai Glazer & Stef Proost, 2017. "Free riding on successors, delay, and extremism," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(4), pages 887-900, April.
    • Handle: RePEc:spr:sochwe:v:48:y:2017:i:4:d:10.1007_s00355-017-1043-y
    DOI: 10.1007/s00355-017-1043-y
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    References listed on IDEAS

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    Cited by:

    1. Zhang, Xiaoyang & Chen, Tong & Chen, Qiao & Li, Xueya, 2020. "Increasing pool funds in public goods: The effects of deposit-based delayed rewards," Chaos, Solitons & Fractals, Elsevier, vol. 140(C).

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