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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

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File URL: http://hdl.handle.net/10.1007/BF00119691
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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 44 (1984)
Issue (Month): 3 (January)
Pages: 431-441

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Handle: RePEc:kap:pubcho:v:44:y:1984:i:3:p:431-441

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Web page: http://www.springerlink.com/link.asp?id=100332

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References

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  1. Peter Aranson & Peter Ordeshook, 1981. "Regulation, redistribution, and public choice," Public Choice, Springer, vol. 37(1), pages 69-100, January.
  2. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February.
  3. 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.
  4. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
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Cited by:
  1. Blomquist, S. & Christiansen, V., 1998. "The Political Economy of Publicly Provided Private Goods," Papers 1998-14, Uppsala - Working Paper Series.
  2. Evan Osborne, 1998. "A theory of gridlock: Strategic behavior in legislative deliberations," Atlantic Economic Journal, International Atlantic Economic Society, vol. 26(3), pages 238-251, September.
  3. Tangerås, Thomas, 1998. "On the Role of Public Opinion Polls in Political Competition," Seminar Papers 655, Stockholm University, Institute for International Economic Studies.
  4. Ignacio Ortuño Ortín, 1998. "- Ideological Versus Downsian Political Competition," Working Papers. Serie AD 1998-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  5. Howitt, Peter & Wintrobe, Ronald, 1995. "The political economy of inaction," Journal of Public Economics, Elsevier, vol. 56(3), pages 329-353, March.
  6. Raphael Boleslavsky & Christopher Cotton, 2012. "Information and Extremism in Elections," Working Papers 2013-04, University of Miami, Department of Economics.

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