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I wonder if this is "efficient" though, like in the sense that it's the correct outcome given the actual incentives. Ie. the actual value of the given elected p
by pmichaud 9y ago
I wonder if this is "efficient" though, like in the sense that it's the correct outcome given the actual incentives. Ie. the actual value of the given elected positions is such that everyone should correctly ignore that it exists. There is no individual benefit to taking on whatever menial responsibility the office represents, nor is there a systematic benefit that outweighs the personal cost for someone to heroically take on the duty anyway.
I guess what I'm asking is that if things are rotting upstream of these positions, then maybe they are "rationally vacant"?