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An alternative approach of valence advantage in spatial competition

Author

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  • Guillaume Hollard

    () (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics)

  • Stéphane Rossignol

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper explores a two-candidate spatial voting model, where one candidate has a valence advantage. Contrary to previous models, we introduce a multiplicative advantage, rather than an additive one. This takes into account the possible interaction between the quality of a candidate and his policy platform. This leads to a strikingly different model, in which all extreme voters support the favored candidate.

Suggested Citation

  • Guillaume Hollard & Stéphane Rossignol, 2008. "An alternative approach of valence advantage in spatial competition," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00267218, HAL.
  • Handle: RePEc:hal:cesptp:hal-00267218 DOI: 10.1111/j.1467-9779.2008.00371.x Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00267218
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    References listed on IDEAS

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    1. 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.
    2. Zakharov Alexei, 2005. "Candidate location and endogenous valence," EERC Working Paper Series 05-17e, EERC Research Network, Russia and CIS.
    3. Nicolas Sahuguet & Nicola Persico, 2006. "Campaign spending regulation in a model of redistributive politics," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(1), pages 95-124, May.
    4. Herrera, Helios & Levine, David K. & Martinelli, César, 2008. "Policy platforms, campaign spending and voter participation," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 501-513, April.
    5. JuanD. Carrillo & Micael Castanheira, 2008. "Information and Strategic Political Polarisation," Economic Journal, Royal Economic Society, vol. 118(530), pages 845-874, July.
    6. Dix, Manfred & Santore, Rudy, 2002. "Candidate ability and platform choice," Economics Letters, Elsevier, vol. 76(2), pages 189-194, July.
    7. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    8. Banks, Jeffrey S., 1990. "A model of electoral competition with incomplete information," Journal of Economic Theory, Elsevier, vol. 50(2), pages 309-325, April.
    9. Mussa, Michael & Rosen, Sherwin, 1978. "Monopoly and product quality," Journal of Economic Theory, Elsevier, vol. 18(2), pages 301-317, August.
    10. 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.
    11. repec:cup:apsrev:v:94:y:2000:i:03:p:595-609_22 is not listed on IDEAS
    12. Ansolabehere, Stephen & Snyder, James M, Jr, 2000. "Valence Politics and Equilibrium in Spatial Election Models," Public Choice, Springer, vol. 103(3-4), pages 327-336, June.
    13. Carrillo, Juan D & Castanheira, Micael, 2002. "Platform Divergence, Political Efficiency and the Median Voter Theorem," CEPR Discussion Papers 3180, C.E.P.R. Discussion Papers.
    14. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February.
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    Cited by:

    1. Fabian Gouret & Guillaume Hollard & Stéphane Rossignol, 2011. "An empirical analysis of valence in electoral competition," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, pages 309-340.
    2. Timothy Lambie-Hanson, 2013. "Campaign contributions as valence," Public Choice, Springer, vol. 157(1), pages 3-24, October.
    3. Martin Gregor, 2013. "The Optimal Ballot Structure for Double-Member Districts," CERGE-EI Working Papers wp493, The Center for Economic Research and Graduate Education - Economics Institute, Prague.

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    Keywords

    Spatial voting; Valence advantage;

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