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Elections with Privately Informed Parties and Voters

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Author Info
Martinelli, Cesar

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Abstract

This paper studies a situation in which parties are better informed than voters about the optimal policies for voters. We show that voters are able to infer the parties' information by observing their electoral positions, even if parties have policy preferences which differ substantially from the median voter's. Unlike previous work that reach opposite conclusions, we assume that voters have some private information of their own. If the information available to voters is biased, parties' attempts to influence voters' beliefs will result in less than full convergence even if parties know with certainty the optimal policy for the median voter. Copyright 2001 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 108 (2001)
Issue (Month): 1-2 (July)
Pages: 147-67
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Handle: RePEc:kap:pubcho:v:108:y:2001:i:1-2:p:147-67

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  1. Kunal Sengupta & Amal Sanyal, 2004. "Delegation in a Cheap-Talk Game: A Voting Example," Econometric Society 2004 Far Eastern Meetings 471, Econometric Society. [Downloadable!]
  2. Stefan Krasa & Mattias Polborn, 2007. "Majority-efficiency and Competition-efficiency in a Binary Policy Model," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  3. Cesar Martinelli & Akihiko Matsui, 1999. "Policy Reversals: Electoral Competition with Privately Informed Parties," Working Papers 9905, Centro de Investigacion Economica, ITAM, revised Jan 2000. [Downloadable!]
  4. Stefan Krasa & Mattias Polborn, 2009. "Political Competition between Differentiated Candidates," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  5. Thomas Jensen, 2007. "Elections, Private Information, and State-Dependent Candidate Quality," Discussion Papers 07-13, University of Copenhagen. Department of Economics. [Downloadable!]
  6. Amal Sanyal & Kunal Sengupta, 2005. "Reputation, Cheap Talk and Delegation," Game Theory and Information 0501001, EconWPA. [Downloadable!]
  7. Carsten Helm & Michael Neugart, 2008. "Coalition Governments and Policy Reform with Asymmetric Information," Darmstadt Discussion Papers in Economics 192, Institut für Volkswirtschaftslehre (Department of Economics), Technische Universität Darmstadt (Darmstadt University of Technology). [Downloadable!]
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