A Rational-Voter Explanation of the Cost of Ruling
It is well known that the average government loses votes--the so-called cost of ruling. The authors show that the loss can be explained as a perfectly rational demand for change in a median voter model once the model is amended to let the two parties be visibly different. Copyright 1995 by Kluwer Academic Publishers
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Volume (Year): 83 (1995)
Issue (Month): 1-2 (April)
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