A Model of Political Competition in the Underlying Space of Ideology
This study makes use of the concept of ideology to answerimportant questions of political competition. I develop amulticandidate model in which voters use ideology as asimplifying device that helps them to choose a candidate in anoisy environment. Three important results arise for thehomogeneous-polity case. First, the candidate with moreresources is the one more likely to win the election. Second,a merger between two parties might yield to a higher expectedplurality for the candidate of the newly formed party. Third,political convulsion yields to a decrease in the expectedplurality for the incumbent candidate. Copyright Kluwer Academic Publishers 2004
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Volume (Year): 121 (2004)
Issue (Month): 1 (October)
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- Denzau, Arthur T & Parks, Robert P, 1975. "The Continuity of Majority Rule Equilibrium," Econometrica, Econometric Society, vol. 43(5-6), pages 853-866, Sept.-Nov.
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- V. Medvedev, 1992. "Economic Theory," Problems of Economic Transition, M.E. Sharpe, Inc., vol. 35(7), pages 55-73.
- Enelow, James M & Hinich, Melvin J, 1994. "A Test of the Predictive Dimensions Model in Spatial Voting Theory," Public Choice, Springer, vol. 78(2), pages 155-169, February.
- Crain, William Mark & Tollison, Robert D, 1976. "Campaign Expenditures and Political Competition," Journal of Law and Economics, University of Chicago Press, vol. 19(1), pages 177-188, April.
- McKelvey, Richard D, 1979. "General Conditions for Global Intransitivities in Formal Voting Models," Econometrica, Econometric Society, vol. 47(5), pages 1085-1112, September.
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