Signalling, Incumbency Advantage, and Optimal Reelection Thresholds
NBER Working Paper No. 17833
---- Acknowledgements ----
We thank, for helpful comments, Navin Kartik, Meg Meyer, Ronny Razin, Francesco Squintani, and seminar participants at LSE, Zurich, Oxford, Edinburgh, and at the 2007 Summer School on Political Economy and Social Choice. Previous versions of this paper circulated with the titles ≪Incumbency Advantage and Supermajority Reelection Rule≫ and ≪Handicapping Politicians: the Optimal Majority Rule in Incumbency Elections≫. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.