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Aggregate Uncertainty in the Citizen-Candidate Model Yields Extremist Parties

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Sandro Brusco ()
Jaideep Roy ()

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Abstract

We extend the 'citizen candidate' model of party formation to allow for aggregate uncertainty over the distribution of preferenecs in order to address free entry in some earlier research on electoral competition with aggregate uncertainty with a fixed number of parties. We discuss and characterize the equilibrium set in this framework and show that two-party equilibria have 'extremist' parties, i.e., the party winning under a left-wing (right-wing) distribution is to the left (right) of the median of that distribution.

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Paper provided by Centre for Economic Development and Institutions(CEDI), Brunel University in its series CEDI Discussion Paper Series with number 08-11.

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Length: 42 pages
Date of creation: Jun 2008
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Handle: RePEc:edb:cedidp:08-11

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  1. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February. [Downloadable!] (restricted)
  2. Osborne Martin J., 1993. "Candidate Positioning and Entry in a Political Competition," Games and Economic Behavior, Elsevier, vol. 5(1), pages 133-151, January. [Downloadable!] (restricted)
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  3. Eguia, Jon X., 2005. "Citizen candidates under uncertainty," Working Papers 1233, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
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  4. Osborne, Martin J & Slivinski, Al, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, MIT Press, vol. 111(1), pages 65-96, February. [Downloadable!] (restricted)
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  5. Bernhardt, Dan & Duggan, John & Squintani, Francesco, 2007. "Electoral competition with privately-informed candidates," Games and Economic Behavior, Elsevier, vol. 58(1), pages 1-29, January. [Downloadable!] (restricted)
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  6. Besley, Timothy & Coate, Stephen, 1997. "An Economic Model of Representative Democracy," The Quarterly Journal of Economics, MIT Press, vol. 112(1), pages 85-114, February.
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  7. Arnaud Dellis & Mandar Oak, 2007. "Policy convergence under approval and plurality voting: the role of policy commitment," Social Choice and Welfare, Springer, vol. 29(2), pages 229-245, September. [Downloadable!] (restricted)
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