“…An incumbent's use of his policy choice to signal his competence are examined by Rogoff and Sibert (1988), Rogoff (1990), Hess and Orphanides (1995), Biglaiser and Mezzetti (1997), Canes‐Wrone, Herron, and Shotts (2001), and Mani and Mukand (2007). An incumbent's use of his policy choice to signal or hide his preferences are studied by Alesina and Cukierman (1990), Coate and Morris (1995), Schultz (2002), and Dellis (2007). Finally, studies that explore an incumbent's use of his policy choice to signal which policy is best include Canes‐Wrone, Herron, and Shotts (2001) and Schultz (2002).…”