The Incumbency Effects of Signalling
Caselli
Francisco
author
Cunningham
Tom
author
Morelli
Massimo
author
Columbia University. Political Science
Moreno de Barreda
Ines
author
Columbia University. Economics
originator
contributor
text
Working papers
New York
Department of Economics, Columbia University
2012
Much literature on political behavior treats politicians as motivated by reelection, choosing actions to signal their types to voters. We identify a novel implication of incumbent signalling. Because incumbents only care about clearing a reelection hurdle, signals will tend to cluster just above the threshold needed for reelection. This generates a skew distribution of signals leading to an incumbency advantage in the probability of election. We also solve for the optimal threshold when voters have the ability to commit.
Political science
Department of Economics Discussion Papers
1213-05
http://hdl.handle.net/10022/AC:P:15207
English
NNC
NNC
2012-11-07 11:08:15 -0500
2012-11-07 11:15:13 -0500
9209
eng