IDEAS home Printed from https://ideas.repec.org/p/nbr/nberwo/20261.html
   My bibliography  Save this paper

The Runner-Up Effect

Author

Listed:
  • Santosh Anagol
  • Thomas Fujiwara

Abstract

Exploiting regression discontinuity designs in Brazilian, Indian, and Canadian first-past-the-post elections, we document that second-place candidates are substantially more likely than close third-place candidates to run in, and win, subsequent elections. Since both candidates lost the election and had similar electoral performance, this is the effect of being labeled the runner-up. We explore the potential mechanisms for this runner-up effect, including selection into candidacy, heuristic behavior by political actors, and the runner-up obtaining an advantage from strategic coordination (being more likely to become a focal point). Selection into candidacy is unlikely to explain the effect on winning subsequent elections, and the weight of evidence suggests the effect is driven by strategic coordination. We find no effect of finishing in third-place versus fourth-place.

Suggested Citation

  • Santosh Anagol & Thomas Fujiwara, 2014. "The Runner-Up Effect," NBER Working Papers 20261, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:20261
    Note: DEV POL
    as

    Download full text from publisher

    File URL: http://www.nber.org/papers/w20261.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Ruben Enikolopov & Maria Petrova & Ekaterina Zhuravskaya, 2011. "Media and Political Persuasion: Evidence from Russia," American Economic Review, American Economic Association, vol. 101(7), pages 3253-3285, December.
    2. John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, December.
    3. repec:ulb:ulbeco:2013/136800 is not listed on IDEAS
    4. Matthew Gentzkow & Jesse M. Shapiro & Michael Sinkinson, 2011. "The Effect of Newspaper Entry and Exit on Electoral Politics," American Economic Review, American Economic Association, vol. 101(7), pages 2980-3018, December.
    5. Timothy Besley, 2005. "Political Selection," Journal of Economic Perspectives, American Economic Association, vol. 19(3), pages 43-60, Summer.
    6. Timothy Besley & Robin Burgess, 2002. "The Political Economy of Government Responsiveness: Theory and Evidence from India," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1415-1451.
    7. Carlsson, Hans & van Damme, Eric, 1993. "Global Games and Equilibrium Selection," Econometrica, Econometric Society, vol. 61(5), pages 989-1018, September.
    8. Kei Kawai & Yasutora Watanabe, 2013. "Inferring Strategic Voting," American Economic Review, American Economic Association, vol. 103(2), pages 624-662, April.
    9. Spenkuch, Jörg, 2013. "On the Extent of Strategic Voting," MPRA Paper 50198, University Library of Munich, Germany.
    10. David Card & Carlos Dobkin & Nicole Maestas, 2009. "Does Medicare Save Lives?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(2), pages 597-636.
    11. Stefano DellaVigna & Ethan Kaplan, 2007. "The Fox News Effect: Media Bias and Voting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 1187-1234.
    12. Bouton, Laurent & Castanheira, Micael & Llorente-Saguer, Aniol, 2016. "Divided majority and information aggregation: Theory and experiment," Journal of Public Economics, Elsevier, vol. 134(C), pages 114-128.
    13. Timothy Besley & Stephen Coate, 1997. "An Economic Model of Representative Democracy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(1), pages 85-114.
    14. Spenkuch, Jörg L., 2012. "Please don’t vote for me: strategic voting in a natural experiment with perverse incentives," MPRA Paper 38416, University Library of Munich, Germany.
    15. Chad Kendall & Marie Rekkas, 2012. "Incumbency advantages in the Canadian Parliament," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(4), pages 1560-1585, November.
    16. Andrew C. Eggers & Anthony Fowler & Jens Hainmueller & Andrew B. Hall & James M. Snyder, 2015. "On the Validity of the Regression Discontinuity Design for Estimating Electoral Effects: New Evidence from Over 40,000 Close Races," American Journal of Political Science, John Wiley & Sons, vol. 59(1), pages 259-274, January.
    17. Yogesh Uppal, 2009. "The disadvantaged incumbents: estimating incumbency effects in Indian state legislatures," Public Choice, Springer, vol. 138(1), pages 9-27, January.
    18. Pope, Devin G., 2009. "Reacting to rankings: Evidence from "America's Best Hospitals"," Journal of Health Economics, Elsevier, vol. 28(6), pages 1154-1165, December.
    19. Guido Imbens & Karthik Kalyanaraman, 2012. "Optimal Bandwidth Choice for the Regression Discontinuity Estimator," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(3), pages 933-959.
    20. James M. Snyder & David Strömberg, 2010. "Press Coverage and Political Accountability," Journal of Political Economy, University of Chicago Press, vol. 118(2), pages 355-408, April.
    21. Alan S. Gerber & Dean Karlan & Daniel Bergan, 2009. "Does the Media Matter? A Field Experiment Measuring the Effect of Newspapers on Voting Behavior and Political Opinions," American Economic Journal: Applied Economics, American Economic Association, vol. 1(2), pages 35-52, April.
    22. Claudio Ferraz & Frederico Finan, 2008. "Exposing Corrupt Politicians: The Effects of Brazil's Publicly Released Audits on Electoral Outcomes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(2), pages 703-745.
    23. Martin J. Osborne & Al Slivinski, 1996. "A Model of Political Competition with Citizen-Candidates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(1), pages 65-96.
    24. Lee, David S., 2008. "Randomized experiments from non-random selection in U.S. House elections," Journal of Econometrics, Elsevier, vol. 142(2), pages 675-697, February.
    25. Myerson, Roger B., 2002. "Comparison of Scoring Rules in Poisson Voting Games," Journal of Economic Theory, Elsevier, vol. 103(1), pages 219-251, March.
    26. Fujiwara, Thomas, 2011. "A Regression Discontinuity Test of Strategic Voting and Duverger's Law," Quarterly Journal of Political Science, now publishers, vol. 6(3–4), pages 197-233, November.
    27. Matthew Gentzkow, 2006. "Television and Voter Turnout," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(3), pages 931-972.
    28. Folke, Olle & Persson, Torsten & Rickne, Johanna, 2014. "Preferential Voting, Accountability and Promotions into Political Power: Evidence from Sweden," Working Paper Series 1002, Research Institute of Industrial Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Garz, Marcel & Sörensen, Jil, 2017. "Politicians under investigation: The news Media's effect on the likelihood of resignation," Journal of Public Economics, Elsevier, vol. 153(C), pages 82-91.
    2. Sobbrio, Francesco, 2014. "Citizen-editors' endogenous information acquisition and news accuracy," Journal of Public Economics, Elsevier, vol. 113(C), pages 43-53.
    3. Alessandro Gavazza & Mattia Nardotto & Tommaso Valletti, 2019. "Internet and Politics: Evidence from U.K. Local Elections and Local Government Policies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(5), pages 2092-2135.
    4. Thushyanthan Baskaran & Sonia Bhalotra & Brian Min & Yogesh Uppal, 2024. "Women legislators and economic performance," Journal of Economic Growth, Springer, vol. 29(2), pages 151-214, June.
    5. Marco Manacorda & Andrea Tesei, 2020. "Liberation Technology: Mobile Phones and Political Mobilization in Africa," Econometrica, Econometric Society, vol. 88(2), pages 533-567, March.
    6. Donati, Dante, 2023. "Mobile Internet access and political outcomes: Evidence from South Africa," Journal of Development Economics, Elsevier, vol. 162(C).
    7. Brian Knight & Ana Tribin, 2022. "Opposition Media, State Censorship, and Political Accountability: Evidence from Chavez’s Venezuela," The World Bank Economic Review, World Bank, vol. 36(2), pages 455-487.
    8. Francesco Sobbrio, 2012. "A Citizen-Editors Model of News Media," RSCAS Working Papers 2012/61, European University Institute.
    9. Mathias Bühler & Andrew Dickens & Andrew C. Dickens, 2024. "From Couch to Poll: Media Content and the Value of Local Information," CESifo Working Paper Series 10959, CESifo.
    10. Benesch, Christine & Loretz, Simon & Stadelmann, David & Thomas, Tobias, 2019. "Media coverage and immigration worries: Econometric evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 160(C), pages 52-67.
    11. Strömberg, David & Prat, Andrea, 2011. "The Political Economy of Mass Media," CEPR Discussion Papers 8246, C.E.P.R. Discussion Papers.
    12. Miner, Luke, 2015. "The unintended consequences of internet diffusion: Evidence from Malaysia," Journal of Public Economics, Elsevier, vol. 132(C), pages 66-78.
    13. Johansson, Anders C., 2016. "Social Media and Politics in Indonesia," Stockholm School of Economics Asia Working Paper Series 2016-42, Stockholm School of Economics, Stockholm China Economic Research Institute.
    14. Balles, Patrick & Matter, Ulrich & Stutzer, Alois, 2023. "Television market size and political accountability in the U.S. House of Representatives," European Journal of Political Economy, Elsevier, vol. 80(C).
    15. Magnus Carlsson & Gordon B. Dahl & Dan-Olof Rooth, 2015. "Backlash in Policy Attitudes After the Election of Extreme Political Parties," NBER Working Papers 21062, National Bureau of Economic Research, Inc.
    16. Francesco Sobbrio, 2014. "The political economy of news media: theory, evidence and open issues," Chapters, in: Francesco Forte & Ram Mudambi & Pietro Maria Navarra (ed.), A Handbook of Alternative Theories of Public Economics, chapter 13, pages 278-320, Edward Elgar Publishing.
    17. Carlsson, Magnus & Dahl, Gordon B. & Rooth, Dan-Olof, 2016. "Do Politicians Change Public Attitudes?," IZA Discussion Papers 10349, Institute of Labor Economics (IZA).
    18. Piolatto, Amedeo & Schuett, Florian, 2015. "Media competition and electoral politics," Journal of Public Economics, Elsevier, vol. 130(C), pages 80-93.
    19. Sekou Keita & Thomas Renault & Jérôme Valette, 2024. "The Usual Suspects: Offender Origin, Media Reporting and Natives’ Attitudes Towards Immigration," The Economic Journal, Royal Economic Society, vol. 134(657), pages 322-362.
    20. Ashani Amarasinghe & Paul A. Raschky, 2022. "Competing for Attention - The Effect of Talk Radio on Elections and Political Polarization in the US," SoDa Laboratories Working Paper Series 2022-02, Monash University, SoDa Laboratories.

    More about this item

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:20261. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.