Model of the 2000 Presidential Election: Instrumenting for Ideology
AbstractIn a spatial model of voting, a voter's utility for a candidate is a function of ideological distance from the candidate and a candidate's quality. Candidate quality can potentially bias the measure of ideological distance in two ways. First, voters may be more drawn to high quality candidates thereby reducing the ideological distance. Second, a candidate's ideological position is a function of rivals�qualities and his own quality. We derive a theoretical model to sign the direction of both biases analytically. Next, using techniques established in the industrial organization literature, we estimate the model using two sets of instrumental variables.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 16264.
Date of creation: 21 Apr 2009
Date of revision:
spatial voting; discrete choice; instrumental variables;
Find related papers by JEL classification:
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- 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-2009-07-28 (All new papers)
- NEP-CDM-2009-07-28 (Collective Decision-Making)
- NEP-DCM-2009-07-28 (Discrete Choice Models)
- NEP-POL-2009-07-28 (Positive Political Economics)
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