Aggregate Uncertainty in the Citizen Candidate Model Yields Extremist Parties
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.(This abstract was borrowed from another version of this item.)
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Paper provided by Stony Brook University, Department of Economics in its series Department of Economics Working Papers with number 07-03.Length:
Date of creation: Jun 2007
Date of revision:
Handle: RePEc:nys:sunysb:07-03
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Related research
Keywords:Other versions of this item:
- Sandro Brusco & Jaideep Roy, 2011. "Aggregate uncertainty in the citizen candidate model yields extremist parties," Social Choice and Welfare, Springer, vol. 36(1), pages 83-104, January.
- Sandro Brusco & Jaideep Roy, 2008. "Aggregate Uncertainty in the Citizen-Candidate Model Yields Extremist Parties," CEDI Discussion Paper Series 08-11, Centre for Economic Development and Institutions(CEDI), Brunel University.
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
References
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- Sandro Brusco & Jaideep Roy, 2007.
"Aggregate Uncertainty in the Citizen Candidate Model Yields Extremist Parties,"
Department of Economics Working Papers
07-03, Stony Brook University, Department of Economics.
- Sandro Brusco & Jaideep Roy, 2011. "Aggregate uncertainty in the citizen candidate model yields extremist parties," Social Choice and Welfare, Springer, vol. 36(1), pages 83-104, January.
- Sandro Brusco & Jaideep Roy, 2008. "Aggregate Uncertainty in the Citizen-Candidate Model Yields Extremist Parties," CEDI Discussion Paper Series 08-11, Centre for Economic Development and Institutions(CEDI), Brunel University.
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Sandro Brusco & Jaideep Roy, 2007.
"Aggregate Uncertainty in the Citizen Candidate Model Yields Extremist Parties,"
Department of Economics Working Papers
07-03, Stony Brook University, Department of Economics.
- Sandro Brusco & Jaideep Roy, 2011. "Aggregate uncertainty in the citizen candidate model yields extremist parties," Social Choice and Welfare, Springer, vol. 36(1), pages 83-104, January.
- Sandro Brusco & Jaideep Roy, 2008. "Aggregate Uncertainty in the Citizen-Candidate Model Yields Extremist Parties," CEDI Discussion Paper Series 08-11, Centre for Economic Development and Institutions(CEDI), Brunel University.
- Arnaud Dellis & Mandar Oak, 2013. "Multiple Votes, Multiple Candidacies and Polarization," School of Economics Working Papers 2013-02, University of Adelaide, School of Economics.
- R. Emre Aytimur & Aristotelis Boukouras & Robert Schwager, 2012. "The Citizen-Candidate Model with Imperfect Policy Control," CESifo Working Paper Series 3900, CESifo Group Munich.
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