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An alternative approach of valence advantage in spatial competition

  • 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)

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.

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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number hal-00267218.

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Date of creation: Jun 2008
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Publication status: Published in Journal of Public Economic Theory, Wiley, 2008, 10 (3), pp.441-454. <10.1111/j.1467-9779.2008.00371.x>
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
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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  1. Helios Herrera & David K. Levine & Cesar Martinelli, 2005. "Policy Platforms, Campaign Spending and Voter Participation," Working Papers 0503, Centro de Investigacion Economica, ITAM.
  2. 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.
  3. Dix, Manfred & Santore, Rudy, 2002. "Candidate ability and platform choice," Economics Letters, Elsevier, vol. 76(2), pages 189-194, July.
  4. Ansolabehere, Stephen & Snyder, James M, Jr, 2000. "Valence Politics and Equilibrium in Spatial Election Models," Public Choice, Springer, vol. 103(3-4), pages 327-36, June.
  5. JuanD. Carrillo & Micael Castanheira, 2008. "Information and Strategic Political Polarisation," Economic Journal, Royal Economic Society, vol. 118(530), pages 845-874, 07.
  6. 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, 05.
  7. 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.
  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. Zakharov Alexei, 2005. "Candidate location and endogenous valence," EERC Working Paper Series 05-17e, EERC Research Network, Russia and CIS.
  10. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February.
  11. Mussa, Michael & Rosen, Sherwin, 1978. "Monopoly and product quality," Journal of Economic Theory, Elsevier, vol. 18(2), pages 301-317, August.
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