Mediocracy

Andrea Mattozzi () and Antonio Merlo

No 12920, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In this paper, we study the initial recruitment of individuals in the political sector. We propose an equilibrium model of political recruitment by a party who faces competition for political talent from the lobbying sector. We show that a political party may deliberately choose to recruit only mediocre politicians, in spite of the fact that it could afford to recruit better individuals who would like to become politicians. We argue that this finding may contribute to explain the observation that in many countries the political class is mostly composed of mediocre people.

JEL-codes: D72 J44 J45 (search for similar items in EconPapers)
Date: 2007-02
New Economics Papers: this item is included in nep-cdm
Note: POL LS
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Citations: View citations in EconPapers (5)

Published as Mattozzi, Andrea & Merlo, Antonio, 2015. "Mediocracy," Journal of Public Economics, Elsevier, vol. 130(C), pages 32-44.

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Related works:
Journal Article: Mediocracy (2015)
Working Paper: Mediocracy (2015)
Working Paper: Mediocracy (2014)
Working Paper: Mediocracy (2007)
Working Paper: Mediocracy (2006)
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