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Campaign Rhetoric: A Model of Reputation

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Author Info
Enriqueta Aragonés
Andrew Postlewaite

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Abstract

We analyze conditions under which a candidate's campaign rhetoric may affect the beliefs of the voters over what policy the candidate will implement in case he wins the election. We develop a model of repeated elections with complete information in which candidates are purely ideological. Voter's strategies involve a credible threat to punish candidates that renege of their campaign promises, and in equilibrium all campaign promises are believed by voters, and honored by candidates. We obtain that the degree to which promises are credible in equilibrium is an increasing function of the value of a candidate's reputation.

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Publisher Info
Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 525.

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Date of creation: Sep 2000
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Handle: RePEc:upf:upfgen:525

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Related research
Keywords: Electoral campaigns; reputation; commitment;

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior

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  1. Casamatta, Georges & De Donder, Philippe, 2003. "On the Influence of Extreme Parties in Electoral Competition with Policy-Motivated Candidates," CEPR Discussion Papers 3885, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Keefer, Philip & Vlaicu, Razvan, 2005. "Democracy, credibility and clientelism," Policy Research Working Paper Series 3472, The World Bank. [Downloadable!]
  3. Casamatta, Georges & Zantman, Wilfried, 2003. "Citizen Candidacy with Asymmetric Information," CEPR Discussion Papers 3886, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
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This page was last updated on 2009-12-11.

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