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Campaign rhetoric: A model of reputation

Author

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  • Enriqueta Aragonés
  • Andrew Postlewaite

Abstract

We analyze conditions under which a candidate's campaign rhetoric may affect the beliefs of the voters over what policy the candidate will implement in case he wins the election. We develop a model of repeated elections with complete information in which candidates are purely ideological. Voter's strategies involve a credible threat to punish candidates that renege of their campaign promises, and in equilibrium all campaign promises are believed by voters, and honored by candidates. We obtain that the degree to which promises are credible in equilibrium is an increasing function of the value of a candidate's reputation.

Suggested Citation

  • Enriqueta Aragonés & Andrew Postlewaite, 2000. "Campaign rhetoric: A model of reputation," Economics Working Papers 525, Department of Economics and Business, Universitat Pompeu Fabra.
  • Handle: RePEc:upf:upfgen:525
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    Cited by:

    1. Georges Casamatta & Philippe Donder, 2005. "On the influence of extreme parties in electoral competition with policy-motivated candidates," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(1), pages 1-29, October.
    2. Casamatta Georges & Sand-Zantman Wilfried, 2006. "Citizen Candidacy With Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 5(1), pages 1-41, February.
    3. Keefer, Philip & Vlaicu, Razvan, 2005. "Democracy, credibility and clientelism," Policy Research Working Paper Series 3472, The World Bank.

    More about this item

    Keywords

    Electoral campaigns; reputation; commitment;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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