Political cheating
John Lott
Public Choice, 1987, vol. 52, issue 2, 169-186
Abstract:
This paper shows that how a politician votes is unrelated to whether he faces re-election. This contradicts the universal agreement by economists that political behavior is constrained by the threat of re-election. Contrary to the existing work on ideology, I show that ideology can prevent rather than cause opportunistic behavior. My discussion of ideology can explain why the last period does not affect how a politician votes but only how often he votes. Besides providing an explanation for how politicians can internalize the long-run returns to investments through ideology, my results show that political parties have no effect on how retiring congressmen vote. Finally, I shall try to argue that politicians are search and not experience goods. Copyright Martinus Nijhoff Publishers 1987
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:52:y:1987:i:2:p:169-186
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DOI: 10.1007/BF00123875
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