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https://doi.org/10.21256/zhaw-11152| Publikationstyp: | Beitrag in wissenschaftlicher Zeitschrift |
| Art der Begutachtung: | Peer review (Publikation) |
| Titel: | Unraveling short- and farsightedness in politics |
| Autor/-in: | Gersbach, Hans Ponta, Oriana |
| DOI: | 10.1007/s11127-016-0396-6 10.21256/zhaw-11152 |
| Erschienen in: | Public Choice |
| Band(Heft): | 2017 |
| Heft: | 3-4 |
| Seite(n): | 289 |
| Seiten bis: | 321 |
| Erscheinungsdatum: | 2017 |
| Verlag / Hrsg. Institution: | Springer |
| ISSN: | 0048-5829 1573-7101 |
| Sprache: | Englisch |
| Fachgebiet (DDC): | 320: Politik |
| Zusammenfassung: | The absence of a deselection threat in incumbents’ last term in office can be negative or positive for the polity. Some politicians may reduce their efforts, while others may pursue beneficial long-term policies that may be unpopular in the short term. We propose a novel pension system that solves the effort problem while preserving the willingness to implement long-term policies. The idea is to give politicians the option to choose between a flexible and a fixed pension scheme. While in the fixed scheme, performance has no impact on the pension, the pension increases with short-term performance in the flexible scheme, using the vote share of the officeholder’s party in the next election as a performance indicator. Such a pension choice improves the well-being of citizens since officeholders are encouraged to invest in those activities that are beneficial for society. We analyze the properties and consequences of such a system. Finally, we extend the pension system with choice to non-last-term situations and derive a general welfare result. |
| Weitere Angaben: | Erworben im Rahmen der Schweizer Nationallizenzen (http://www.nationallizenzen.ch) |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/11152 |
| Volltext Version: | Publizierte Version |
| Lizenz (gemäss Verlagsvertrag): | Lizenz gemäss Verlagsvertrag |
| Departement: | School of Management and Law |
| Organisationseinheit: | Institut für Verwaltungs-Management (IVM) |
| Enthalten in den Sammlungen: | Publikationen School of Management and Law |
Dateien zu dieser Ressource:
| Datei | Beschreibung | Größe | Format | |
|---|---|---|---|---|
| 2017_Gersbach-Ponta_Unraveling-Short-and-Farsightedness_PC.pdf | 436.53 kB | Adobe PDF |  Öffnen/Anzeigen |
Zur Langanzeige
Gersbach, H., & Ponta, O. (2017). Unraveling short- and farsightedness in politics. Public Choice, 2017(3-4), 289–321. https://doi.org/10.1007/s11127-016-0396-6
Gersbach, H. and Ponta, O. (2017) ‘Unraveling short- and farsightedness in politics’, Public Choice, 2017(3-4), pp. 289–321. Available at: https://doi.org/10.1007/s11127-016-0396-6.
H. Gersbach and O. Ponta, “Unraveling short- and farsightedness in politics,” Public Choice, vol. 2017, no. 3-4, pp. 289–321, 2017, doi: 10.1007/s11127-016-0396-6.
GERSBACH, Hans und Oriana PONTA, 2017. Unraveling short- and farsightedness in politics. Public Choice. 2017. Bd. 2017, Nr. 3-4, S. 289–321. DOI 10.1007/s11127-016-0396-6
Gersbach, Hans, and Oriana Ponta. 2017. “Unraveling Short- and Farsightedness in Politics.” Public Choice 2017 (3-4): 289–321. https://doi.org/10.1007/s11127-016-0396-6.
Gersbach, Hans, and Oriana Ponta. “Unraveling Short- and Farsightedness in Politics.” Public Choice, vol. 2017, no. 3-4, 2017, pp. 289–321, https://doi.org/10.1007/s11127-016-0396-6.
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