Indeterminacy of Citizen-candidate Equilibrium
In a citizen candidate equilibrium, there are n candidates each of whom announces a policy in a policy space of dimension d. Thus the policy equilibrium lives in a space of dimension nd. We show, in a canonical example, that the equilibrium manifold is generically of dimension nd. In particular, the set of equilibria contains an open set in T^n.
|Date of creation:||28 Jul 2004|
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|Contact details of provider:|| Web page: http://icf.som.yale.edu/|
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