International Journal of Political Science and Development
 

International Journal of Political Science and Development

Vol. 3(2), pp. 79–84, February, 2015.  

DOI: 10.14662/IJPSD2015.007

ISSN: 2360-784X

Research Paper

Membership in a political club is vital to people, as the status of citizen or permanent resident brings many advantages. When countries lack a political club, supplying public or semi-public goods and services, it is in a state of anarchy: where the life of man is solitary, poor, nasty, brutish and short. Political clubs always involves a principal-agent problematic: population against leaders. Two central aspects of this interaction between political elites and ordinary people are the remuneration R of the leaders for their service to the club as well as the value V of the output of the leaders to society. Politics is about the entry to and exit from leadership positions as well as the relation between R and V.

Keywords: political clubs, open entry, closed entry, peaceful or violent exit, asymmetric information, remuneration, performance, value of government output: direct and indirect, spoils.

 

Cite This Article As: Lane J-E (2015). Entry and Exit in Politics. Inter. J. Polit. Sci. Develop. 3(2): 79-84.

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