Ferejohn: Incumbent performance and electoral controlFrom WikiSummary, the Free Social Science Summary Database Ferejohn. 1986. Incumbent performance and electoral control. Public Choice 30 (fall): 5-25.. [edit] In BriefVoters can't trust anybody's campaign promises. Thus, challengers don't influence voters: voters simply have a referendum on the incumbent. They use retrospective voting: they vote based on what the incumbent has done for them lately. If they don't like the incumbent, they vote him out, effectively selecting a new representative at random from a pool of equally untrustable challengers. For this to work, voters must not vote selfishly--they most employ "sociotropic voting": "that is, voting based on an aggregate criterion." Elections are for sanctioning moral hazard, not for preventing adverse selection. [edit] The Model
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Related Reading The following summaries link (or linked) to this one: Keywords: Authors/Ferejohn, John - Political Science - Comparative Politics - Elections - Voting - Principal-Agent - Responsiveness - Accountability - Parties - Consociationalism |
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