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Aggregate Uncertainty in the Citizen Candidate Model Yields Extremist Parties

  • Sandro Brusco
  • Jaideep Roy

We extend the 'citizen candidate' model of party formation to allow for aggregate uncertainty over the distribution of preferenecs in order to address free entry in some earlier research on electoral competition with aggregate uncertainty with a fixed number of parties. We discuss and characterize the equilibrium set in this framework and show that two-party equilibria have 'extremist' parties, i.e., the party winning under a left-wing (right-wing) distribution is to the left (right) of the median of that distribution.

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Paper provided by Stony Brook University, Department of Economics in its series Department of Economics Working Papers with number 07-03.

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Date of creation: Jun 2007
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Handle: RePEc:nys:sunysb:07-03
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  1. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February.
  2. Grober, Jens & Palfrey, Thomas, . "A citizen candidate model with private information and unique equilibrium," Working Papers 1292, California Institute of Technology, Division of the Humanities and Social Sciences.
  3. Martin J. Osborne, 1992. "Candidate Positioning and Entry in a Political Competition," Department of Economics Working Papers 1992-02, McMaster University.
  4. Bernhardt, Dan & Duggan, John & Squintani, Francesco, 2007. "Electoral competition with privately-informed candidates," Games and Economic Behavior, Elsevier, vol. 58(1), pages 1-29, January.
  5. Tim Besley & Stephen Coate, . ""An Economic Model of Representative Democracy''," CARESS Working Papres 95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
  6. Eguia, Jon X., 2005. "Citizen candidates under uncertainty," Working Papers 1233, California Institute of Technology, Division of the Humanities and Social Sciences.
  7. Martin J. Osborne & Al Slivinksi, 1995. "A Model of Political Competition with Citizen-Candidates," Department of Economics Working Papers 1995-01, McMaster University.
  8. Palfrey, Thomas R, 1984. "Spatial Equilibrium with Entry," Review of Economic Studies, Wiley Blackwell, vol. 51(1), pages 139-56, January.
  9. 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.
  10. Arnaud Dellis & Mandar Oak, 2007. "Policy convergence under approval and plurality voting: the role of policy commitment," Social Choice and Welfare, Springer, vol. 29(2), pages 229-245, September.
  11. Sandro Brusco & Jaideep Roy, 2008. "Aggregate Uncertainty in the Citizen-Candidate Model Yields Extremist Parties," CEDI Discussion Paper Series 08-11, Centre for Economic Development and Institutions(CEDI), Brunel University.
  12. Stephen Wright & William Riker, 1989. "Plurality and runoff systems and numbers of candidates," Public Choice, Springer, vol. 60(2), pages 155-175, February.
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