Majority-efficiency and Competition-efficiency in a Binary Policy Model
We introduce a general framework in which politicians choose a (possibly infinite) sequence of binary policies. The two competing candidates are exogenously committed to particular actions on a subset of these issues, while they can choose any policy for the remaining issues to maximize their winning probability. Citizens have general preferences over policies, and the distribution of preferences may be uncertain. We show that a special case of the model, the weighted-issue model, provides a tractable multidimensional model of candidate competition that can generate (i) policy divergence in pure and mixed strategies, (ii) adoption of minority positions, and (iii) inefficient outcomes.
|Date of creation:||2007|
|Date of revision:|
|Contact details of provider:|| Postal: Poschingerstrasse 5, 81679 Munich|
Phone: +49 (89) 9224-0
Fax: +49 (89) 985369
Web page: http://www.cesifo-group.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Timothy Besley & Stephen Coate, 1997.
"An Economic Model of Representative Democracy,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 112(1), pages 85-114.
- Tim Besley & Stephen Coate, . "An Economic Model of Representative Democracy," Penn CARESS Working Papers ecf70d639d700dba5327ab0c8, Penn Economics Department.
- Tim Besley & Stephen Coate, . ""An Economic Model of Representative Democracy''," CARESS Working Papres 95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Martinelli, Cesar, 2001. "Elections with Privately Informed Parties and Voters," Public Choice, Springer, vol. 108(1-2), pages 147-67, July.
- Navin Kartik & R. Preston McAfee, 2007. "Signaling Character in Electoral Competition," American Economic Review, American Economic Association, vol. 97(3), pages 852-870, June.
- Faruk Gul & Wolfgang Pesendorfer, 2006. "Partisan Politics and Aggregation Failure with Ignorant Voters," Levine's Working Paper Archive 122247000000000828, David K. Levine.
- Kittsteiner, Thomas & Eyster, Erik, 2007. "Party platforms in electoral competition with heterogeneous constituencies," Theoretical Economics, Econometric Society, vol. 2(1), pages 41-70, March.
- Bernhardt, Dan & Krasa, Stefan & Polborn, Mattias, 2008.
"Political polarization and the electoral effects of media bias,"
Journal of Public Economics,
Elsevier, vol. 92(5-6), pages 1092-1104, June.
- Dan Bernhardt & Stefan Krasa & Mattias Polborn, 2006. "Political Polarization and the Electoral Effects of Media Bias," CESifo Working Paper Series 1798, CESifo Group Munich.
- Assar Lindbeck & Jörgen Weibull, 1987. "Balanced-budget redistribution as the outcome of political competition," Public Choice, Springer, vol. 52(3), pages 273-297, January.
- Castanheira, Micael, 2002.
"Why Vote for Losers?,"
CEPR Discussion Papers
3404, C.E.P.R. Discussion Papers.
- Martin J. Osborne & Al Slivinksi, 1995.
"A Model of Political Competition with Citizen-Candidates,"
Department of Economics Working Papers
1995-01, McMaster University.
- Martin J. Osborne & Al Slivinski, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, Oxford University Press, vol. 111(1), pages 65-96.
- Aragones, Enriqueta & Palfrey, Thomas R., 2002.
"Mixed Equilibrium in a Downsian Model with a Favored Candidate,"
Journal of Economic Theory,
Elsevier, vol. 103(1), pages 131-161, March.
- Aragones, Enriqueta & Palfrey, Thomas. R., 2000. "Mixed Equilibrium in a Downsian Model With a Favored Candidate," Working Papers 1102, California Institute of Technology, Division of the Humanities and Social Sciences.
- Enriqueta Aragonés & Thomas R. Palfrey, 2000. "Mixed equilibrium in a Downsian model with a favored candidate," Economics Working Papers 502, Department of Economics and Business, Universitat Pompeu Fabra.
- Martin J. Osborne, 1995. "Spatial Models of Political Competition under Plurality Rule: A Survey of Some Explanations of the Number of Candidates and the Positions They Take," Canadian Journal of Economics, Canadian Economics Association, vol. 28(2), pages 261-301, May.
- McKelvey, Richard D., 1976. "Intransitivities in multidimensional voting models and some implications for agenda control," Journal of Economic Theory, Elsevier, vol. 12(3), pages 472-482, June.
- Ernesto Dal Bó & Pedro Dal Bó & Jason Snyder, 2009.
Review of Economic Studies,
Oxford University Press, vol. 76(1), pages 115-142.
- Bernhardt, Dan & Duggan, John & Squintani, Francesco, 2009. "Private polling in elections and voter welfare," Journal of Economic Theory, Elsevier, vol. 144(5), pages 2021-2056, September.
- Torsten Persson & Guido Tabellini, 2002. "Political Economics: Explaining Economic Policy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262661314, March.
- Caplin, Andrew S & Nalebuff, Barry J, 1988. "On 64%-Majority Rule," Econometrica, Econometric Society, vol. 56(4), pages 787-814, July.
- Steven Callander, 2005. "Electoral Competition in Heterogeneous Districts," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 1116-1145, October.
- Thomas R. Palfrey, 1984. "Spatial Equilibrium with Entry," Review of Economic Studies, Oxford University Press, vol. 51(1), pages 139-156.
- Lindbeck, Assar & Weibull, Jorgen W., 1993. "A model of political equilibrium in a representative democracy," Journal of Public Economics, Elsevier, vol. 51(2), pages 195-209, June.
When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_1958. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Klaus Wohlrabe)
If references are entirely missing, you can add them using this form.