Plurality Rule Works in Three-Candidate Elections
AbstractIn the citizen-candidate approach each citizen chooses whether or not to run as candidate. In this paper we find that the strategic entry-exit decision of the candidates eliminates one of the most undesirable properties of Plurality rule, namely to elect a poor candidate in three-candidate elections since as we show, the Condorcet winner among the self-declared candidates is always elected. All the equilibrium configurations where up to three candidates enter the race are described. We additionally find that it is in those equilibria where four or more citizens become candidate that the Condorcet loser among the self-declared candidates can be elected.
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Bibliographic InfoPaper provided by Centro de Estudios Andaluces in its series Economic Working Papers at Centro de Estudios Andaluces with number E2003/09.
Length: 34 pages
Date of creation: 2003
Date of revision:
Citizen-candidate; Condorcet Consistency; Plurality Rule.;
Other versions of this item:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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