Lukas Hammer 22.12.23
Let time tailor institutions
What if 70 years, the duration of Queen Elizabeth II's reign, was the perfect duration for a
political term? What if we could shape more efficient institutions by giving politicians a
policy-tailored term duration? Nation-state institutions are built under the preoccupation of
power concentration, modern democracies respond to this issue with Montesquieu’s
“separation des pouvoirs” and terms turnover. But if term durations are defined to limit
power, they may as well limit efficiency. For example, the literature has shown that dictators
with endless terms may be more efficient in implementing long-term policies for the public
good (1) than democratic leaders with limited time frames. Let’s imagine a government
where useful time frames from any regime are used. Let’s imagine a chimeric state whose
term durations are efficiency-dependent.
Our chimeric state could function like this: to form the government and choose state leaders
an assembly would make job offers specifying goals and the according “tailored” term
duration. The system could regularly and dynamically adjust the length of the mandates if
objectives were reached or if the initial time frame wasn’t realistic. New job offers will be
made according to the needs and the progressive ending of the different terms.
The right term duration has to take into account the characteristics of “roving bandits” and
“stationary bandits” (2). Roving bandits are driven by short-termism, visible political
outcomes, and rapid self-maximizing actions. On the other hand, stationary bandits expect
earnings in the long term; they have more incentives for long-term policies and common
well-being in the future. This means that mandates are more likely to maximize efficiency if
they are as long as the moment of expected results and returns. According to the literature
we mentioned before, AIDS long-term policies should be led by stationary bandits, and short-
term goals such as local reforestation by roving bandits with short mandates and high