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Pandering and electoral competition

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  • Gratton, Gabriele

Abstract

We study an election with two perfectly informed candidates. Voters share common values over the policy outcome of the election, but possess arbitrarily little information about which policy is best for them. Voters elect one of the candidates, effectively choosing between the two policies proposed by the candidates. We explore under which conditions candidates always propose the voters' optimal policy. The model is extended to include strategic voting, policy-motivated candidates, imperfectly informed candidates, and heterogeneous preferences.

Suggested Citation

  • Gratton, Gabriele, 2014. "Pandering and electoral competition," Games and Economic Behavior, Elsevier, vol. 84(C), pages 163-179.
  • Handle: RePEc:eee:gamebe:v:84:y:2014:i:c:p:163-179
    DOI: 10.1016/j.geb.2014.01.006
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    13. McMurray, Joseph, 2022. "Polarization and pandering in common-interest elections," Games and Economic Behavior, Elsevier, vol. 133(C), pages 150-161.
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    More about this item

    Keywords

    Pandering; Elections; Information aggregation;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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