Brusco, Sandro; Dziubiński, Marcin; Roy, Jaideep - In: Games and Economic Behavior 74 (2012) 2, pp. 447-469
We consider the Hotelling–Downs model with n⩾3 office-seeking candidates and runoff voting. We show that Nash equilibria in pure strategies always exist and that there are typically multiple equilibria, both convergent (all candidates are located at the median) and divergent (candidates...