According to the Selectorate Theory Put Forth by Bueno De

question 30

Essay

According to the selectorate theory put forth by Bueno de Mesquita, Morrow, Siverson, and Smith, what are the two attributes of a polity that create incentives for leaders to produce economic growth and other desirable policy outcomes? Explain the mechanism by which these institutional features create such incentives and summarize the empirical evidence presented in class that is consistent with this theory. What, if anything does this theory say about the relationship between policy performance and democracy? What does it say about the relationship between policy performance and autocracy?

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Definitions:

Outdoor Media

Advertising media found outside of homes, including billboards, bus stops, and digital signages, used to promote products or services.

Billboards

Large outdoor advertising structures typically positioned in high-traffic areas to maximize visibility to passersby and motorists.

Newspapers

Printed publications consisting of folded unstapled sheets and containing news, articles, advertisements, and other information.

Prestige Pricing

A pricing strategy where prices are set higher than average to create a perception of exclusivity and high quality.