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The binary policy model

  • Krasa, Stefan
  • Polborn, Mattias

We introduce a model of electoral competition with office-motivated candidates who are exogenously committed to particular positions on some issues, while they choose positions for the remaining issues. A position is majority-efficient if a candidate cannot make a majority of the electorate better off, given his fixed positions. We characterize existence conditions for majority-efficient positions. The candidates' fixed positions in our framework imply that only some voters are "swing voters," and we analyze how the distribution of swing voters determines whether candidates choose majority-efficient positions. We also analyze plurality and runoff elections with multiple candidates in our framework.

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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 145 (2010)
Issue (Month): 2 (March)
Pages: 661-688

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Handle: RePEc:eee:jetheo:v:145:y:2010:i:2:p:661-688
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622869

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  10. Micael Castanheira, . "Why Vote for Losers?," Working Papers 125, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
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