Voting competitions with interested politicians: Platforms do not converge to the preferences of the median voter
AbstractWe 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
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 44 (1984)
Issue (Month): 3 (January)
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Web page: http://www.springerlink.com/link.asp?id=100332
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- Ignacio Ortuño Ortín, 1998. "- Ideological Versus Downsian Political Competition," Working Papers. Serie AD 1998-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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- Raphael Boleslavsky & Christopher Cotton, 2012. "Information and Extremism in Elections," Working Papers 2013-04, University of Miami, Department of Economics.
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