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Succession rules and leadership rents

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dc.creator Konrad, Kai A.
dc.creator Skaperdas, Stergios
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:21Z
dc.date.available 2013-10-16T07:02:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18998
dc.identifier ppn:500841365
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18998
dc.description Leaders compensate supporters not just for performing their duties but also in order to preempt an overthrow by the same supporters. We show how succession rules affect the power of leaders relative to supporters as well as the resources expended on possible succession struggles. We compare two regimes of leadership succession: the conclave regime and the divide-et-impera regime which differ with respect to the role of supporters of the previous leader once the new leader takes power. The leadership rent is higher and supporters receive a lower compensation in the divide-et-impera regime, as supporters have to fight harder for succession to avoid the grim outcome of loss. A leader, then, would like to induce the divide-et-impera regime even when every supporter has veto power over his leadership.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1534
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D74
dc.subject D72
dc.subject N40
dc.subject H50
dc.subject ddc:330
dc.subject political leadership
dc.subject political support
dc.subject political survival
dc.subject successorship
dc.subject Politiker
dc.subject Regierungswechsel
dc.subject Ökonomische Theorie der Demokratie
dc.subject Rent Seeking
dc.subject Theorie
dc.title Succession rules and leadership rents
dc.type doc-type:workingPaper


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