Electronic Resource
Berkeley, Calif.
:
Berkeley Electronic Press (now: De Gruyter)
Contributions to theoretical economics
6.2006, 1, art5
ISSN:
1534-5971
Source:
Berkeley Electronic Press Academic Journals
Topics:
Economics
Notes:
This paper extends the Downsian-Hotelling model of electoral competition to allow for unobserved qualitative differences between candidates. I show that these underlying qualitative differences generate pure strategy Nash equilibria, even if policies are defined in a multidimensional space, and explain platform divergence from the median. Moreover, the extension gives content to a second (well-known) role elections play apart from bridging conflict: to reveal information about candidates.
Type of Medium:
Electronic Resource
URL:
http://www.bepress.com/bejte/contributions/vol6/iss1/art5
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