The Mean Voter Theorem: Necessary and Sufficient Conditions for Convergent Equilibrium
AbstractFormal models of elections have emphasized the convergence of party leaders towards the centre of the electoral distribution. This paper attempts to resolve the apparent disparity between the formal result and the perception of political divergence by considering a model incorporating valence. Valence can be interpreted as the non-policy basis of political judgement made by the electorate concerning the quality of political contenders. The theorem presented here shows that there is a necessary condition for convergence. The condition involves the difference in party valences and the electoral variance. When the condition fails, the low-valence parties will be forced to adopt policy positions far from the electoral centre. The inference appears to be substantiated by an empirical model of the Israel election in 1996. Copyright 2007, Wiley-Blackwell.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. 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.
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.
Bibliographic InfoArticle provided by Oxford University Press in its journal The Review of Economic Studies.
Volume (Year): 74 (2007)
Issue (Month): 3 ()
Contact details of provider:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Albert Solé-Ollé & Elisabet Viladecans-Marsal, 2013.
"Do Political Parties Matter for Local Land Use Policies?,"
CESifo Working Paper Series
4284, CESifo Group Munich.
- Solé-Ollé, Albert & Viladecans-Marsal, Elisabet, 2013. "Do political parties matter for local land use policies?," Journal of Urban Economics, Elsevier, vol. 78(C), pages 42-56.
- Albert Solé-Ollé & Elisabet Viladecans-Marsal, 2012. "Do political parties matter for local land use policies?," Working Papers 2012/28, Institut d'Economia de Barcelona (IEB).
- Haldun Evrenk, 2009.
"Three-candidate competition when candidates have valence: the base case,"
Social Choice and Welfare,
Springer, vol. 32(1), pages 169-169, January.
- Haldun Evrenk, 2009. "Three-candidate competition when candidates have valence: the base case," Social Choice and Welfare, Springer, vol. 32(1), pages 157-168, January.
- Evrenk, Haldun, 2008. "Three-Candidate Competition when Candidates Have Valence: The Base Case," Working Papers 2008-2, Suffolk University, Department of Economics.
- Zakharov, Alexei, 2008. "A Spatial Voting Model of Russia," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 10(2), pages 75-90.
- Azrieli, Yaron, 2011. "Axioms for Euclidean preferences with a valence dimension," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 545-553.
- Norman Schofield & Alexei Zakharov, 2010. "A stochastic model of the 2007 Russian Duma election," Public Choice, Springer, vol. 142(1), pages 177-194, January.
- Azrieli, Yaron, 2009. "Characterization of multidimensional spatial models of elections with a valence dimension," MPRA Paper 14513, University Library of Munich, Germany.
- Jon Eguia, 2013. "On the spatial representation of preference profiles," Economic Theory, Springer, vol. 52(1), pages 103-128, January.
- Eguia, Jon X., 2011. "Foundations of spatial preferences," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 200-205, March.
- Rafael Salas & Juan Rodríguez, 2013. "Popular support for social evaluation functions," Social Choice and Welfare, Springer, vol. 40(4), pages 985-1014, April.
- Xefteris, Dimitrios, 2013. "Equilibrium in a discrete Downsian model given a non-minimal valence advantage and linear loss functions," Mathematical Social Sciences, Elsevier, vol. 65(2), pages 150-153.
- Jorge M. Streb & Gustavo Torrens, 2011. "La economía política de la política fiscal," CEMA Working Papers: Serie Documentos de Trabajo. 455, Universidad del CEMA.
- Ashworth, Scott & Bueno de Mesquita, Ethan, 2009. "Elections with platform and valence competition," Games and Economic Behavior, Elsevier, vol. 67(1), pages 191-216, September.
- Haldun Evrenk & Dmitriy Kha, 2011. "Three-candidate spatial competition when candidates have valence: stochastic voting," Public Choice, Springer, vol. 147(3), pages 421-438, June.
- Norman Schofield & Ugur Ozdemir, 2009. "Formal Models of Elections and Political Bargaining," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 3(3), pages 207-242, October.
- Norman Schofield, 2007. "Modelling Politics," ICER Working Papers 33-2007, ICER - International Centre for Economic Research.
- Zakharov, Alexei & Fantazzini, Dean, 2009. "Economic Factors in a Model of Voting: The Case of The Netherlands, Great Britain, and Israel," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 14(2), pages 57-73.
- Guido Cataife & Norman Schofield, 2007. "Electoral Oscillations in Argentina.," ICER Working Papers 34-2007, ICER - International Centre for Economic Research.
- John Maloney & Andrew C. Pickering, 2013.
"Party Activists, Campaign Funding, and the Quality of Government,"
Journal of Law, Economics and Organization,
Oxford University Press, vol. 29(1), pages 210-238, February.
- John Maloney & Andrew Pickering, 2010. "Party Activists, Campaign Funding and the Quality of Government," The Centre for Market and Public Organisation 10/252, Department of Economics, University of Bristol, UK.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.