Voter heterogeneity and political corruption
Enriqueta Aragonès,
Javier Rivas and
Áron Tóth
Journal of Economic Behavior & Organization, 2020, vol. 170, issue C, 206-221
Abstract:
We show that policies that eliminate corruption can depart from socially desirable policies and this inefficiency can be large enough to allow corruption to live on. Political competition between an honest (welfare maximiser) and corrupt politicians is studied. In our model the corrupt politician is at a distinct disadvantage: there is no asymmetric information, no voter bias and voters are fully rational. Yet, corruption cannot be eliminated when voters have heterogeneous preferences.
Keywords: Political corruption; Political competition; Voting (search for similar items in EconPapers)
JEL-codes: D72 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:170:y:2020:i:c:p:206-221
DOI: 10.1016/j.jebo.2019.12.004
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