A runoff system restores the principle of minimum differentiation
We show that the principle of minimum differentiation holds in two-round elections, for any number of candidates, regardless of the presence of entrants, or the distribution of voters’ preferences.
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- d'Aspremont, C & Gabszewicz, Jean Jaskold & Thisse, J-F, 1979.
"On Hotelling's "Stability in Competition","
Econometric Society, vol. 47(5), pages 1145-50, September.
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- Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
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