Power corrupts, but can office ennoble?
- 2002
- p.157-78.
This paper investigates the effects of increased power associated with higher office on the quality of agent performnce, 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. - Reproduced.