Who Runs? : Honesty and Self-Selection into Politics

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2016
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Zusammenfassung

We examine the incentives to self-select into politics and how they depend on the transparency of the entry process. To this end, we set up a two-stage political competition model and test its key mechanisms in the lab. At the entry stage, potential candidates compete in a contest to become their party's nominee. At the election stage, the nominated candidates campaign by making non-binding promises to voters. Confirming the model's key predictions, we find in the experiment that dishonest people over-proportionally self-select into the political race; and that this adverse selection effect can be prevented if the entry stage is made transparent to voters.

Zusammenfassung in einer weiteren Sprache
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330 Wirtschaft
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candidates, elections, campaigns, primaries, contest, voting, political economy, experiment, lying aversion, self-selection, cheap talk
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ISO 690FEHRLER, Sebastian, Urs FISCHBACHER, Maik T. SCHNEIDER, 2016. Who Runs? : Honesty and Self-Selection into Politics
BibTex
@techreport{Fehrler2016Hones-38005,
  year={2016},
  series={IZA Discussion Paper},
  title={Who Runs? : Honesty and Self-Selection into Politics},
  number={10258},
  url={https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2849743},
  author={Fehrler, Sebastian and Fischbacher, Urs and Schneider, Maik T.}
}
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