Autor: Weinschelbaum Federico*, Levine David**, Zurita, Felipe***
Institución: (*)UTDT, (**) Royal Holloway University of London, (***)Pontificia Universidad Católica de Chile
Año: 2025
JEL: C7, D8
Resumen:
Does the ability of the electorate to replace corrupt politicians deter corruption? This paper analyzes the limitations of electoral accountability. We show that if the electorate cannot commit elections offer no defense against corruption. However, when a commitment technology exists, the electorate can strategically choose to remove only those caught taking bribes. This incentivizes corrupt politicians to pass up bribe opportunities for which the value is small. We then examine how improved monitoring can impact outcomes and show that increasing information quality does not always benefit the electorate.