Choosing a Champion: Party Membership and Policy Platform
AbstractWe introduce endogenous political parties into the Hotelling-Downs voting framework to model the selection of candidates. First, activists choose which party to join, if at all. Second, party members select a champion for the general election. Third, the electorate median voter determines the (stochastic) general election outcome. Although party members trade off win probabilities candidate location preferences, in equilibrium they vote sincerely, so champions are at party medians. Minimum differentiation is only attained when valence uncertainty vanishes. Otherwise, the electorate median voter is in neither party. Despite asymmetric party and policy positions in equilibrium, electoral successes remain roughly equal.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 8941.
Date of creation: Apr 2012
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Find related papers by JEL classification:
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-02 (All new papers)
- NEP-CDM-2012-05-02 (Collective Decision-Making)
- NEP-POL-2012-05-02 (Positive Political Economics)
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