A Dynamic Model of Voting
AbstractWe propose and estimate a dynamic model of voting with asymmetric information incorporating the three main factors affecting voting choices of individual citizens: party identification, policy preferences, and candidates’ valence. Using individual level data on voting decisions in two consecutive presidential elections, we identify and estimate (1) the distribution of voters’ policy positions and (2) candidates’ valence. In addition to providing an equilibrium interpretation of the observed voting profiles and electoral outcomes, we use the estimated model to conduct counterfactual experiments to assess the relative importance of candidates’ policy positions, valence, and voters’ information on the outcomes of elections and to evaluate the performance of the electoral process.
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Bibliographic InfoPaper provided by Penn Institute for Economic Research, Department of Economics, University of Pennsylvania in its series PIER Working Paper Archive with number 04-015.
Length: 54 pages
Date of creation: 23 Nov 2003
Date of revision: 01 May 2004
Party identification; policy preferences; consecutive elections; valence;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-02 (All new papers)
- NEP-CDM-2005-01-02 (Collective Decision-Making)
- NEP-DCM-2005-01-02 (Discrete Choice Models)
- NEP-DCM-2005-01-04 (Discrete Choice Models)
- NEP-MIC-2005-01-02 (Microeconomics)
- NEP-POL-2005-01-02 (Positive Political Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cooper, Alexandra & Munger, Michael C, 2000. " The (Un)Predictability of Primaries with Many Candidates: Simulation Evidence," Public Choice, Springer, vol. 103(3-4), pages 337-55, June.
- Bernhardt, M. Daniel & Ingerman, Daniel E., 1985. "Candidate reputations and the `incumbency effect'," Journal of Public Economics, Elsevier, vol. 27(1), pages 47-67, June.
- Ansolabehere, Stephen & Snyder, James M, Jr, 2000. " Valence Politics and Equilibrium in Spatial Election Models," Public Choice, Springer, vol. 103(3-4), pages 327-36, June.
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