An Appraisal of History-bound Reelections
Hans Gersbach
No 11103, CEPR Discussion Papers from Centre for Economic Policy Research
Abstract:
In this paper we introduce history-bound reelections. In their simplest form, they are embodied in a "Score-replication Rule". Under such rules an incumbent has to match the highest vote-share he/she has obtained in any previous election in order to be reelected. We develop a simple three-period model to examine Score-replication Rules. We show that suitable variants of such rules can improve welfare as they reduce the tendency of reelected incumbents to indulge in their own preferences. At the same time, they ensure that able office-holders are reelected. Candidates might offer their own Score-replication Rule in campaigns. We outline how political competition may be affected by such new forms of elections.
Keywords: Incumbency advantage; score†replication rule; history†bound reelections; non†competitive elections (search for similar items in EconPapers)
JEL-codes: D7 D82 H4 (search for similar items in EconPapers)
Date: 2016-02
New Economics Papers: this item is included in nep-cdm and nep-pol
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