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Candidate Positioning and Entry in a Political Competition

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  • Osborne Martin J.

Abstract

I first show that if there are more than two potential candidates in the Hotelling- Downs model of the simultaneous choice of positions by politicians then an equilibrium fails to exist in a wide range of situations. Subsequently I study a temporal model in which candidates are free to act whenever they wish. For the case of three potential candidates I nd that in every equilibrium exactly one candidate enters. There is always an equilibrium in which the position cho- sen by the entrant is the median: the only other possibility is that the position chosen is far from the median.

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Bibliographic Info

Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 5 (1993)
Issue (Month): 1 (January)
Pages: 133-151

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Handle: RePEc:eee:gamebe:v:5:y:1993:i:1:p:133-151

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Web page: http://www.elsevier.com/locate/inca/622836

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References

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  1. Eaton, B Curtis & Lipsey, Richard G, 1975. "The Principle of Minimum Differentiation Reconsidered: Some New Developments in the Theory of Spatial Competition," Review of Economic Studies, Wiley Blackwell, vol. 42(1), pages 27-49, January.
  2. Palfrey, Thomas R, 1984. "Spatial Equilibrium with Entry," Review of Economic Studies, Wiley Blackwell, vol. 51(1), pages 139-56, January.
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Cited by:
  1. Jaideep Roy & Marcin Dziubinski, 2008. "Electoral Competition amongst Citizen-candidates and Downsian Politicians," CEDI Discussion Paper Series 08-10, Centre for Economic Development and Institutions(CEDI), Brunel University.
  2. Casamatta, Georges & De Donder, Philippe, 2003. "On the Influence of Extreme Parties in Electoral Competition with Policy-Motivated Candidates," IDEI Working Papers 161, Institut d'Économie Industrielle (IDEI), Toulouse.
  3. Selim Ergun, 2008. "Centrist's Curse? An Electoral Competition Model with Credibility Constraints," ThE Papers 08/06, Department of Economic Theory and Economic History of the University of Granada..
  4. Julio González-Díaz & Federica Briata & Ignacio García-Jurado & Fioravante Patrone, 2012. "Essential collections for equilibrium concepts," International Journal of Game Theory, Springer, vol. 41(3), pages 517-552, August.
  5. Sandro Brusco & Jaideep Roy, 2007. "Aggregate Uncertainty in the Citizen Candidate Model Yields Extremist Parties," Department of Economics Working Papers 07-03, Stony Brook University, Department of Economics.
  6. Osborne, Martin J & Slivinski, Al, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, MIT Press, vol. 111(1), pages 65-96, February.
  7. Barreda-Tarrazona, Iván & García-Gallego, Aurora & Georgantzís, Nikolaos & Andaluz-Funcia, Joaquín & Gil-Sanz, Agustín, 2011. "An experiment on spatial competition with endogenous pricing," International Journal of Industrial Organization, Elsevier, vol. 29(1), pages 74-83, January.
  8. Page, Jr Frank H & Wooders, Myrna H, 1999. "Elections And Strategic Positioning Games," The Warwick Economics Research Paper Series (TWERPS) 545, University of Warwick, Department of Economics.
  9. Valeska Groenert, 2013. "Trimmed equilibrium," International Journal of Game Theory, Springer, vol. 42(1), pages 99-114, February.
  10. Sandro Brusco & Marcin Dziubinski & Jaideep Roy, 2010. "The Hotelling-Downs Model with Runoff Voting," Department of Economics Working Papers 10-02, Stony Brook University, Department of Economics.
  11. Osborne, Martin J., 2000. "Entry-deterring policy differentiation by electoral candidates," Mathematical Social Sciences, Elsevier, vol. 40(1), pages 41-62, July.
  12. Juan Carlos Berganza, 2000. "Politicians, voters and electoral processes: an overview," Investigaciones Economicas, Fundación SEPI, vol. 24(3), pages 501-543, September.

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