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Ideological Versus Downsian Political Competition

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Author Info
Ortuno, I.
Abstract

We analyze a one-dimensional model o spatial political competition with two parties anduncertainty on the distribution of voters'types. We assume that parties are formed by regularmembers and professional politicians; members care about the policy enacted, while professionalpoliticians, on the contrary, only care about winning the election. We consider two possibilities:that members choose the political platforms and that professional politicians are the ones whochoose such platforms. The expected utility for party members is analyzed under these two cases.We find that when professional politicians have no informational advantage, it is on the interest ofboth parties to let professional politicians choose the platforms. Only in the case in whichprofessional politicians have much better information than the members of the party about votersis it possible that party members obtain a greater expected utility choosing the platformsthemselves rather than letting the professional politicians choose.

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Publisher Info
Paper provided by Valencia - Instituto de Investigaciones Economicas in its series Papers with number 98-22.

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Length: 32 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:valinv:98-22

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Postal: Instituto Valenciano de InvEstigaciones Economics, C/Guardia Civil, 22, Esc. 2, 1 46020 Valencia (Espana).
Phone: +34 96 319 00 50
Fax: +34 96 319 00 55
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Web page: http://www.ivie.es/
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Related research
Keywords: ASYMETRIC INFORMATION COMPETITION ECONOMIC MODELS

Find related papers by JEL classification:
C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
D40 - Microeconomics - - Market Structure and Pricing - - - General

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This page was last updated on 2008-7-2.


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