Tuesday 11
Political Economics and voting
Nicolas-Guillaume Martineau
› 11:00 - 11:30 (30min)
› 604
Policy Reputation and Political Accountability
Tapas Kundu  1@  
1 : UiT The Arctic University of Norway  -  Website

We develop a model of electoral competition where both economic policy and politician's effort affect voters' payoff. When there is uncertainty regarding policy effectiveness, politicians exert effort to build policy reputation. The concern for policy reputation keeps the incumbent politician accountable on effort dimension, but it cannot eliminate inefficient persistence of policy choice even when cost of changing policy is negligible. 

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