A Vindication of Responsible Parties
AbstractElectoral platform convergence is perceived unfavorably by both the popular press and many academic scholars. This paper provides a formal account of these perceived negative effects. We show that when parties do not know voters’ preferences perfectly, voters prefer some platform divergence to the convergent policy outcome of competition between opportunistic, office-motivated, parties. We characterize when voters prefer responsible parties (which weight policy positively in their utility function) to oppor- tunistic ones. Voters prefer responsible parties when office benefits and concentration of moderate voters are high enough relative to the ideological polarization between parties. In particular, with optimally-chosen office benefits, responsible parties improve welfare.
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Bibliographic InfoPaper provided by University of Rochester - Wallis Institute of Political Economy in its series Wallis Working Papers with number WP58.
Length: 20 pages
Date of creation: Jul 2008
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Postal: University of Rochester, Wallis Institute, Harkness 109B Rochester, New York 14627 U.S.A.
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-24 (All new papers)
- NEP-CDM-2009-01-24 (Collective Decision-Making)
- NEP-POL-2009-01-24 (Positive Political Economics)
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