English, Article, Journal or magazine article edition: The Informational Value of Incumbency Carmen Beviá; Humberto Llavador

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Bookmark: http://trove.nla.gov.au/version/154700
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Informational Value of Incumbency
Author
  • Carmen Beviá
  • Humberto Llavador
Physical Description
  • preprint
Notes
  • This paper proposes an argument that explains incumbency advantage without recurring to the collective irresponsibility of legislatures. For that purpose, we exploit the informational value of incumbency: incumbency confers voters information about governing politicians not available from challengers. Because there are many reasons for high reelection rates different from incumbency status, we propose a measure of incumbency advantage that improves the use of pure reelection success. We also study the relationship between incumbency advantage and ideological and selection biases. An important implication of our analysis is that the literature linking incumbency and legislature irresponsibility most likely provides an overestimation of the latter.
  • RePEc:upf:upfgen:962
  • This paper proposes an argument that explains incumbency advantage with- out recurring to the collective irresponsibility of legislatures. For that purpose, we exploit the informational value of incumbency: incumbency confers voters informa- ion about governing politicians not available from challengers. Because there are many reasons for high reelection rates di?erent from incumbency status, we pro- pose a measure of incumbency advantage that improves the use of pure reelection uccess. We also study the relationship between incumbency advantage and ideo- ogical and selection biases. An important implication of our analysis is that the iterature linking incumbency and legislature irresponsibility most likely provides an overestimation of the latter.
  • Incumbency, information, candidate quality, selection bias, ideology.
  • RePEc:aub:autbar:662.06
Language
  • English
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