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A Spatial Election with Common Values

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Author Info
Carlos Maravall-Rodriguez (Universidad Carlos III de Madrid)
Abstract

This paper extends the Downsian-Hotelling model of electoral competition to allow for unobserved qualitative differences between candidates. I show that these underlying qualitative differences generate pure strategy Nash equilibria, even if policies are defined in a multidimensional space, and explain platform divergence from the median. Moreover, the extension gives content to a second (well-known) role elections play apart from bridging conflict: to reveal information about candidates.

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Publisher Info
Article provided by Berkeley Electronic Press in its journal Contributions to Theoretical Economics.

Volume (Year): 6 (2006)
Issue (Month): 1 ()
Pages: 1269-1269
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Handle: RePEc:bep:thecon:v:6:y:2006:i:1:p:1269-1269

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Related research
Keywords: spatial election imperfect information common values valence issues

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Kenneth Rogoff, 1990. "Equilibrium Political Budget Cycles," NBER Working Papers 2428, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Aragones, Enriqueta & Palfrey, Thomas R., 2002. "Mixed Equilibrium in a Downsian Model with a Favored Candidate," Journal of Economic Theory, Elsevier, vol. 103(1), pages 131-161, March. [Downloadable!] (restricted)
    Other versions:
  3. Ansolabehere, Stephen & Snyder, James M, Jr, 2000. " Valence Politics and Equilibrium in Spatial Election Models," Public Choice, Springer, vol. 103(3-4), pages 327-36, June. [Downloadable!] (restricted)
  4. Prat, Andrea, 2002. "Campaign Spending with Office-Seeking Politicians, Rational Voters, and Multiple Lobbies," Journal of Economic Theory, Elsevier, vol. 103(1), pages 162-189, March. [Downloadable!] (restricted)
  5. Besley, Timothy & Coate, Stephen, 1997. "An Economic Model of Representative Democracy," The Quarterly Journal of Economics, MIT Press, vol. 112(1), pages 85-114, February.
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  6. Gans, Joshua S. & Smart, Michael, 1996. "Majority voting with single-crossing preferences," Journal of Public Economics, Elsevier, vol. 59(2), pages 219-237, February. [Downloadable!] (restricted)
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