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Candidates, Character, and Corruption / B. Douglas Bernheim, Navin Kartik.
- Format:
- Book
- Author/Creator:
- Bernheim, B. Douglas.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w16530.
- NBER working paper series no. w16530
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2010.
- Summary:
- We study the characteristics of self-selected candidates in corrupt political systems. Potential candidates differ along two dimensions of unobservable character: public spirit (altruism toward others) and honesty (the disutility suffered when selling out to special interests after securing office). Both aspects combine to determine an individual's quality as governor. We characterize properties of equilibrium candidate pools for arbitrary costs of running for office, including the case where those costs become vanishingly small. We explore how policy instruments such as the governor's compensation and anti-corruption enforcement affect the expected quality of governance through candidate self-selection. We also show that self-selection can have surprising implications for the effect of information disclosures concerning candidates' backgrounds.
- Notes:
- Print version record
- November 2010.
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