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| Author: | Messner, M. Polborn, M. K. |
| Title: | Paying politicians |
| Journal: | Journal of Public Economics
2004 : DEC, VOL. 88:12, p. 2423-2445 |
| Index terms: | Pay Political economy Politics |
| Language: | eng |
| Abstract: | This article analyses citizensÂ’ candidature decisions using a model where a society has to elect an official who provides public service for citizens. Potential candidates differ in their competence and every potential candidate has private information about his opportunity cost to perform the task of the elected official. The authors find that bad candidates run with a higher probability than good ones, and for unattractive positions, good candidates free-ride on bad ones. The authors also examine the effects of wage increases and cost of running on the potential candidatesÂ’ entry decisions. |
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