This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Equilibrium in Multicandidate Probabilistic Spatial Voting

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
 Lin, Tse-Min
Enelow, James M
Dorussen, Han
Abstract

This paper presents a multicandidate spatial model of probabilistic voting in which voter utility functions contain a random element specific to each candidate. The model assumes no abstentions, sincere voting, and the maximization of expected vote by each candidate. The authors derive a sufficient condition for concavity of the candidate expected vote function with which the existence of equilibrium is related to the degree of voter uncertainty. They show that, under concavity, convergent equilibrium exists at a 'minimum-sum point' at which total distances from all voter ideal points are minimized. The authors then discuss the location of convergent equilibrium for various measures of distance. In their examples, computer analysis indicates that nonconvergent equilibria are only locally stable and disappear as voter uncertainty increases. Copyright 1999 by Kluwer Academic Publishers

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://journals.kluweronline.com/issn/0048-5829/contents
File Format: text/html
File Function: link to full text
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

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

Volume (Year): 98 (1999)
Issue (Month): 1-2 (January)
Pages: 59-82
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:pubcho:v:98:y:1999:i:1-2:p:59-82

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100332

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Aidt, T.S. & Dutta, J., 2008. "Electoral Uncertainty and Public Goods," Cambridge Working Papers in Economics 0843, Faculty of Economics, University of Cambridge. [Downloadable!]
  2. Zakharov Alexei, 2005. "Candidate location and endogenous valence," EERC Working Paper Series 05-17e, EERC Research Network, Russia and CIS. [Downloadable!]
  3. Fernandez, Jose & Cataiefe, Guido, 2009. "Model of the 2000 Presidential Election: Instrumenting for Ideology," MPRA Paper 16264, University Library of Munich, Germany. [Downloadable!]
  4. Norman Schofield, 2006. "Equilibria in the spatial stochastic model of voting with party activists," Review of Economic Design, Springer, vol. 10(3), pages 183-203, December. [Downloadable!] (restricted)
  5. Evrenk, Haldun, 2008. "Three-Candidate Competition when Candidates Have Valence: The Base Case," Working Papers 2008-2, Suffolk University, Department of Economics. [Downloadable!]
    Other versions:
  6. John R. Freeman & Jude C. Hays & Helmut Stix, 1999. "Democracy and Markets: The Case of Exchange Rates," Working Papers 39, Oesterreichische Nationalbank (Austrian Central Bank). [Downloadable!]
Statistics
Access and download statistics

Did you know? The yearly budget of IDEAS is exactly $0: it relies entirely on volunteer work.

This page was last updated on 2009-12-22.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.