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The binary policy model

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  • Krasa, Stefan
  • Polborn, Mattias

Abstract

We introduce a model of electoral competition with office-motivated candidates who are exogenously committed to particular positions on some issues, while they choose positions for the remaining issues. A position is majority-efficient if a candidate cannot make a majority of the electorate better off, given his fixed positions. We characterize existence conditions for majority-efficient positions. The candidates' fixed positions in our framework imply that only some voters are "swing voters," and we analyze how the distribution of swing voters determines whether candidates choose majority-efficient positions. We also analyze plurality and runoff elections with multiple candidates in our framework.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 145 (2010)
Issue (Month): 2 (March)
Pages: 661-688

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Handle: RePEc:eee:jetheo:v:145:y:2010:i:2:p:661-688

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Web page: http://www.elsevier.com/locate/inca/622869

Related research

Keywords: Multidimensional policy Voting Citizen-candidate Normative analysis of political competition Runoff rule Plurality rule;

References

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  1. Micael Castanheira De Moura, 2003. "Why vote for losers?," ULB Institutional Repository 2013/10005, ULB -- Universite Libre de Bruxelles.
  2. Arianna Degan & Antonio Merlo, 2006. "Do Voters Vote Sincerely?," PIER Working Paper Archive 06-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  3. Martinelli, Cesar, 2001. " Elections with Privately Informed Parties and Voters," Public Choice, Springer, vol. 108(1-2), pages 147-67, July.
  4. 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.
  5. Steven Callander, 2005. "Electoral Competition in Heterogeneous Districts," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 1116-1145, October.
  6. Shleifer, Andrei & Mullainathan, Sendhil & Schwartzstein, Joshua, 2008. "Coarse Thinking and Persuasion," Scholarly Articles 11022284, Harvard University Department of Economics.
  7. Assar Lindbeck & Jörgen Weibull, 1987. "Balanced-budget redistribution as the outcome of political competition," Public Choice, Springer, vol. 52(3), pages 273-297, January.
  8. Steven Callander, 2008. "Political Motivations," Review of Economic Studies, Oxford University Press, vol. 75(3), pages 671-697.
  9. Martin J. Osborne & Al Slivinksi, 1995. "A Model of Political Competition with Citizen-Candidates," Department of Economics Working Papers 1995-01, McMaster University.
  10. Aragones, Enriqueta & Palfrey, Thomas. R., 2000. "Mixed Equilibrium in a Downsian Model With a Favored Candidate," Working Papers 1102, California Institute of Technology, Division of the Humanities and Social Sciences.
  11. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
  12. Lindbeck, Assar & Weibull, Jorgen W., 1993. "A model of political equilibrium in a representative democracy," Journal of Public Economics, Elsevier, vol. 51(2), pages 195-209, June.
  13. Krasa, Stefan & Polborn, Mattias K., 2012. "Political competition between differentiated candidates," Games and Economic Behavior, Elsevier, vol. 76(1), pages 249-271.
  14. Palfrey, Thomas R, 1984. "Spatial Equilibrium with Entry," Review of Economic Studies, Wiley Blackwell, vol. 51(1), pages 139-56, January.
  15. Fishburn, Peter C., 1978. "Axioms for approval voting: Direct proof," Journal of Economic Theory, Elsevier, vol. 19(1), pages 180-185, October.
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Citations

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Cited by:
  1. P. Roberti, 2014. "Lobbying in a multidimensional policy space with salient issues," Working Papers wp922, Dipartimento Scienze Economiche, Universita' di Bologna.
  2. Stefan Krasa & Mattias Polborn, 2009. "Political Competition between Differentiated Candidates," CESifo Working Paper Series 2560, CESifo Group Munich.
  3. Josep M. Colomer & Humberto Llavador, 2008. "An agenda-setting model of electoral competition," Economics Working Papers 1070, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2010.

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