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Voting competitions with interested politicians: Platforms do not converge to the preferences of the median voter

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  • Ingemar Hansson
  • Charles Stuart

Abstract

We examine equilibrium voting strategies for elections with interested politicians facing uncertainty about voter pReferences. If politicians' utilities are defined over the set of strategies that voters select (instead of being dependent only on the probability of winning an election), equilibrium strategies will diverge (instead of converging to the median voter's pReferences) as long as politicians have different pReferences. We present conditions (i) for political compromise, and (ii) for politicians with different utility functions to merge into parties with complete strategic agreement. Copyright Martinus Nijhoff Publishers 1984

Suggested Citation

  • Ingemar Hansson & Charles Stuart, 1984. "Voting competitions with interested politicians: Platforms do not converge to the preferences of the median voter," Public Choice, Springer, vol. 44(3), pages 431-441, January.
    • Handle: RePEc:kap:pubcho:v:44:y:1984:i:3:p:431-441
    DOI: 10.1007/BF00119691
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    References listed on IDEAS

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    1. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    2. Hinich, Melvin J. & Ledyard, John O. & Ordeshook, Peter C., 1972. "Nonvoting and the existence of equilibrium under majority rule," Journal of Economic Theory, Elsevier, vol. 4(2), pages 144-153, April.
    3. Wittman, Donald A., 1973. "Parties as Utility Maximizers," American Political Science Review, Cambridge University Press, vol. 67(2), pages 490-498, June.
    4. Peter Aranson & Peter Ordeshook, 1981. "Regulation, redistribution, and public choice," Public Choice, Springer, vol. 37(1), pages 69-100, January.
    5. Aldrich, John H., 1983. "A Downsian Spatial Model with Party Activism," American Political Science Review, Cambridge University Press, vol. 77(4), pages 974-990, December.
    6. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February.
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