Externalities, Social Pressures, and Political Parties
Members of political parties talk to each other often, and may thereby influence each other. For example, a liberal in a party of moderates may moderate his views. At the same time, the moderates in the party may become more sympathetic to liberal views. Voters in a district may favor such effects if they care about the ideology of officeholders in other districts. They may therefore prefer a candidate who affiliates with a party over an independent with the same position.
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"An overlapping generations model of electoral competition,"
Journal of Public Economics,
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- Bernard Caillaud & Jean Tirole, 2002. "Parties as Political Intermediaries," The Quarterly Journal of Economics, Oxford University Press, vol. 117(4), pages 1453-1489. Full references (including those not matched with items on IDEAS)
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