When To Run And When To Hide: Electoral Coordination And Exit
AbstractElections represent a coordination problem for voters and candidates for office. Electoral coordination is also the causal mechanism behind any explanation of the relationship between electoral systems and the number of parties. I present a dynamic model of electoral coordination with candidate exit. The model extends two important results from the literature to a dynamic setting. The extension of Duverger's Law and the median-voter theorem also offers a simultaneous prediction of the number of parties and their ideological positions. Coordination failure is shown to be possible in a mixed-strategy equilibrium. Copyright 2007 Blackwell Publishing Ltd..
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Economics & Politics.
Volume (Year): 20 (2008)
Issue (Month): 1 (03)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0954-1985
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