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Indeterminacy of Citizen-Candidate Equilibrium

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Abstract

In a citizen candidate equilibrium, there are n candidates each of whom announces a policy in a policy space of dimension d. Thus the policy equilibrium lives in a space of dimension nd. We show, in a canonical example, that the equilibrium manifold is generically of dimension nd. In particular, the set of equilibria contains an open set in T^n .

Suggested Citation

  • John E. Roemer, 2003. "Indeterminacy of Citizen-Candidate Equilibrium," Cowles Foundation Discussion Papers 1410, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:1410
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    File URL: https://cowles.yale.edu/sites/default/files/files/pub/d14/d1410.pdf
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    Cited by:

    1. Livio Di Lonardo, 2017. "Valence uncertainty and the nature of the candidate pool in elections," Journal of Theoretical Politics, , vol. 29(2), pages 327-350, April.
    2. R. Emre Aytimur & Aristotelis Boukouras & Robert Schwager, 2012. "The Citizen-Candidate Model with Imperfect Policy Control," CESifo Working Paper Series 3900, CESifo.
    3. Fabio Padovano, 2013. "Are we witnessing a paradigm shift in the analysis of political competition?," Public Choice, Springer, vol. 156(3), pages 631-651, September.
    4. Emanuel Hansen, 2021. "Political Competition with Endogenous Party Formation and Citizen Activists," CESifo Working Paper Series 9374, CESifo.

    More about this item

    Keywords

    Citizen-candidate equilibrium; Political equilibrium;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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