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• W586786282 abstract "We provide a positive analysis of eort allocation by a politician facing reelection when voters are uncertain about the politician's preferences on a divisive issue. We then use this framework to derive normative conclusions on the desirability of transparency, term limits, and independence of executive power. There is a pervasive incentive to posture by overproviding eort to pursue the divisive policy, even if all voters would strictly prefer to have a consensus policy implemented. As such, the desire of politicians to convince voters that their preferences are aligned with the majority can lead them to choose strictly pareto dominated eort allocations in the first period. When politicians care a lot about reelection, transparency of politicians' eort choices is valuable in systems with weak executive institutions, whereas, when executive institutions are strong, transparency is harmful. Conversely, when politicians are impatient or there are term limits that reduce the value of remaining in oce, transparency can be beneficial when executive institutions are strong, but can be harmful when they are weak." @default.
• W586786282 created "2016-06-24" @default.
• W586786282 creator A5001510940 @default.
• W586786282 creator A5068437308 @default.
• W586786282 date "2013-01-01" @default.
• W586786282 modified "2023-09-27" @default.
• W586786282 title "RE-ELECTION THROUGH DIVISION" @default.
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• W586786282 doi "https://doi.org/10.7916/d8c8276j" @default.
• W586786282 hasPublicationYear "2013" @default.
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