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Model of the 2000 Presidential Election: Instrumenting for Ideology

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  • Fernandez, Jose
  • Cataiefe, Guido

Abstract

In a spatial model of voting, a voter's utility for a candidate is a function of ideological distance from the candidate and a candidate's quality. Candidate quality can potentially bias the measure of ideological distance in two ways. First, voters may be more drawn to high quality candidates thereby reducing the ideological distance. Second, a candidate's ideological position is a function of rivals�qualities and his own quality. We derive a theoretical model to sign the direction of both biases analytically. Next, using techniques established in the industrial organization literature, we estimate the model using two sets of instrumental variables.

Suggested Citation

  • Fernandez, Jose & Cataiefe, Guido, 2009. "Model of the 2000 Presidential Election: Instrumenting for Ideology," MPRA Paper 16264, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:16264
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    File URL: https://mpra.ub.uni-muenchen.de/16264/1/MPRA_paper_16264.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    spatial voting; discrete choice; instrumental variables;
    All these keywords.

    JEL classification:

    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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