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Electoral Control when Policies are for SaleEtienne FarvaqueUniversity of Lille I - Department of Economics and Management Gael LagadecUniversity of New Caledonia January 2009 CESifo Working Paper Series No. 2522 Abstract: This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model (Grossman G., Helpman E. (1994), "Protection for sale", American Economic Review, 84, 4, 833-850) to include sanctions from the electorate and lobbies when the incumbent does not satisfy the expected performance she promised to deliver. This framework allows to deal with the intertemporal dimension needed to understand the prevalent cycle of promises, disappointment, new promises, new disappointment.
Number of Pages in PDF File: 27 Keywords: lobbies, promises, elections, electoral competition, lies JEL Classification: D72, P16 working papers seriesDate posted: January 21, 2009Suggested Citation |
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