AbstractWe examine the consequences of vote buying, assuming this practice were allowed and free of stigma. Two parties competing in a binary election may purchase votes in a sequential bidding game via up-front binding payments and/or campaign promises (platforms) that are contingent upon the outcome of the election. We analyze the role of the parties' budget constraints and voter preferences in determining the winner and the payments to voters.
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Bibliographic InfoPaper provided by EconWPA in its series Others with number 0503006.
Length: 41 pages
Date of creation: 14 Mar 2005
Date of revision:
Note: Type of Document - pdf; pages: 41
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vote buying; elections; campaign promises;
Other versions of this item:
- Eddie Dekel & Matthew O. Jackson & Asher Wolinsky, 2004. "Vote Buying," Discussion Papers 1386, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Jackson, Matthew O. & Dekel, Eddie & Wolinsky, Asher, 2005. "Vote buying," Working Papers 1215, California Institute of Technology, Division of the Humanities and Social Sciences.
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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