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Electoral competition and politician turnover

机译:选举竞争与政客更替

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In this paper, we analyze the selection by opportunistic parties of the candidates who run for election. We consider a setting with incomplete but symmetric information about the candidates' abilities, in which electoral campaigns provide voters withadditional information about candidates. Parties care only about selecting an appropriate candidate to win the election, while voters elect the best candidate conditional on their information. We first argue that in order to defeat an established very good candidate of its rival, a party may favor a new candidate with highly uncertain ability, rather than an established good candidate. Next, we establish that the discrepancy between the objective of parties and the objective of the electorate leads toinefficient conservatism in the selection of candidates, i.e. each party keeps its incumbents too often from the voters' viewpoint.
机译:在本文中,我们分析了机会主义政党对竞选候选人的选择。我们考虑的环境中,关于候选人能力的信息不完整但对称,选举活动为选民提供了有关候选人的其他信息。政党只关心选择合适的候选人来赢得选举,而选民则根据其信息来选出最佳候选人。我们首先争辩说,为了击败对手的既定非常好的候选人,政党可能会青睐具有高度不确定性的新候选人,而不是既定的好的候选人。接下来,我们确定当事方的目的与选民目的之间的差异会导致在选择候选人方面的保守主义效率低下,即,从选民的角度来看,每一个政党都过于频繁地任职。

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