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current policy choice. Deviating from (exogenous) traditional party policy reduces the credibility of a party in the eyes of … voters of both parties. They get either desensitised or over-sensitised in respect to party credibility which alters the …
Persistent link: https://www.econbiz.de/10011441433
leader concerned about his reputation may therefore prefer to work with a person unlikely to do Right. -- Reputation ; team …
Persistent link: https://www.econbiz.de/10009502700
leader concerned about his reputation may therefore prefer to work with a person unlikely to do Right. …
Persistent link: https://www.econbiz.de/10010281196
leader concerned about his reputation may therefore prefer to work with a person unlikely to do Right. …
Persistent link: https://www.econbiz.de/10005423886
costs when the policy maker is subject to reputation concerns. Conservative institutions that thwart beneficial reform may …
Persistent link: https://www.econbiz.de/10010744253
We study the policy choice of an incumbent politician who is concerned with the public's perception of his capability. The politician decides whether to maintain the status quo or to conduct a risky reform. The success of the reform critically depends on the ability of the politician in oce,...
Persistent link: https://www.econbiz.de/10008617039
We consider a two-agent hierarchical organization with a leader and a manager in a reputation-signaling model. The … conservatively when she is subject to reputation concerns. We have two main findings. First, aside from its usual distortionary … effects, the leader’s reputation concern has a beneficial effect by inducing the manager to supply productive effort and …
Persistent link: https://www.econbiz.de/10014097189
We study electoral competition among politicians who are heterogeneous both in competence and in how much they care about (what they perceive as) the public interest relative to the private rents from being in office. We show that politicians may have stronger incentives to behave...
Persistent link: https://www.econbiz.de/10011335188
Persistent link: https://www.econbiz.de/10014025202
A committee makes a decision on a project on behalf of the public. Members of the committee agree on the a priori value of the project, and hold additional private information about its consequences. They are experts who care about the value of the project and about being considered well...
Persistent link: https://www.econbiz.de/10011343285