Abstract
This paper investigates the effects of increased power associated with higher office on the quality of agent performance, within the context of a model in which agents care about what others think of them. They care that is about the esteem they enjoy. The object is to conduct a simple comparative static exercise in the 'economy of esteem', isolating the various dimensions of the relation between office held and esteem-related incentives to perform in a more estimable way.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 157-178 |
| Number of pages | 22 |
| Journal | Kyklos |
| Volume | 55 |
| Issue number | 2 |
| DOIs | |
| State | Published - May 2002 |
| Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Arts and Humanities (miscellaneous)
- Economics and Econometrics