A PRINCIPAL-AGENT MODEL OF ELECTIONS WITH NOVICE INCUMBENTS.

Authors :: Dasgupta, Sugato
Williams, Kenneth C.
Source :: Journal of Theoretical Politics; Oct2002, Vol. 14 Issue 4, p409, 30p, 1 Diagram, 5 Charts, 4 Graphs
Publication Year :: 2002
Abstract: Examines the aggregation process of information, which is a prerequisite for the operation of a democratic system, within a principal-agent model of elections. Requirement needed in order for political office-holders to act responsively; Motive for conducting laboratory experiments; Activity undertaken by voters in a principal-agent theory of elections.