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Is the 50-state strategy optimal?

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  • Kovenock, Dan
  • Roberson, Brian

Abstract

In 2005, the Democratic National Committee adopted the 50-state strategy in lieu of the strategy of focusing solely on battleground states. The rationale given for this move is that campaign expenditures are durable outlays that impact both current and future campaigns. This paper investigates the optimality of the 50-state strategy in a simple dynamic game of campaign resource allocation in which expenditures act as a form of investment. Neither the 50-state nor the battleground-states strategy is likely to arise in equilibrium. Instead, parties employ a modified battleground-states strategy in which they stochastically target non-battleground states. -- Im Jahr 2005 führte das Organisationskomitee der Demokratischen Partei die 50-Staaten-Strategie anstelle der alleinigen Fokussierung auf Entscheidungsstaaten ein. Grund hierfür ist, dass Kampagnenausgaben lang wirkende Ausgaben sind, welche sowohl laufende als auch zukünftige Wahlkämpfe beeinflussen. Der vorliegende Aufsatz untersucht die Optimalität der 50- Staaten-Strategie in einem einfachen dynamischen Allokationsspiel von Kampagnemitteln, in welchem Ausgaben eine Form der Investition darstellen. Für ein Gleichgewicht sind jedoch weder die Strategie der 50-Staaten noch die der Entscheidungsstaaten wahrscheinlich. Vielmehr wenden Parteien eine modifizierte Entscheidungsstaaten-Strategie an, im Rahmen derer sie stochastisch auch auf Nicht-Entscheidungsstaaten abzielen.

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Bibliographic Info

Paper provided by Social Science Research Center Berlin (WZB) in its series Discussion Papers, Research Unit: Market Processes and Governance with number SP II 2008-16.

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Date of creation: 2008
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Handle: RePEc:zbw:wzbmpg:spii200816

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Keywords: Political campaigns; dynamic contests; elections; all-pay auction; war of attrition;

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References

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  3. Kvasov, Dmitriy, 2007. "Contests with limited resources," Journal of Economic Theory, Elsevier, Elsevier, vol. 136(1), pages 738-748, September.
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Cited by:
  1. Aner Sela & Eyal Erez, 2013. "Dynamic contests with resource constraints," Social Choice and Welfare, Springer, Springer, vol. 41(4), pages 863-882, October.
  2. Aner Sela & Reut Megidish, 2012. "Sequential Contests With Synergy And Budget Constraints," Working Papers, Ben-Gurion University of the Negev, Department of Economics 1212, Ben-Gurion University of the Negev, Department of Economics.
  3. Aner Sela, 2012. "Sequential two-prize contests," Economic Theory, Springer, Springer, vol. 51(2), pages 383-395, October.
  4. Megidish, Reut & Sela, Aner, 2011. "Sequential Contests with Synergy and Budget Constraints," CEPR Discussion Papers, C.E.P.R. Discussion Papers 8383, C.E.P.R. Discussion Papers.

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