Andrei Gomberg (Instituto Tecnológico Autónomo de México) Francisco Marhuenda (Universidad Carlos III de Madrid) Ignacio Ortuño Ortín (Universidad de Alicante)
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We develop a model of endogenous party platform formation in a multidimensional policy space. Party platforms depend on the composition of the parties? primary electorate. The overall social outcome is taken to be a weighted average of party platforms and individuals vote strategically. Equilibrium is defined to obtain when no group of voters can shift the social outcome in its favor by deviating and the party platforms are consistent with their electorate. We provide sufficient conditions for existence and study the robustness properties of the sorting equilibria.
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Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number
2003-12.
Find related papers by JEL classification: D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium
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