Information, polarization and term length in democracy

A-Tier
Journal: Journal of Public Economics
Year: 2008
Volume: 92
Issue: 5-6
Pages: 1078-1091

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper considers term lengths in a representative democracy where the political issue divides the population on the left-right scale. Parties are ideologically different and better informed about the consequences of policies than voters are. A short term length makes the government more accountable, but the re-election incentive leads to policy distortion as the government seeks to manipulate swing voters' beliefs to make its ideology more popular. This creates a trade off: A short term length improves accountability but gives distortions. A short term length is best for swing voters when the uncertainty is large and parties are not very polarized. Partisan voters always prefer a long term length. When politicians learn while in office a long term length becomes more attractive for swing voters.

Technical Details

RePEc Handle
repec:eee:pubeco:v:92:y:2008:i:5-6:p:1078-1091
Journal Field
Public
Author Count
1
Added to Database
2026-01-29