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This work studies the effect of the value of the status quo in the candidates' decisions and policy outcomes in a representative democracy with endogenous candidates. Following the citizen-candidate model due to Besley and Coate (1997) we show, for a unidimensional policy issue and for both an...
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This paper studies the advantages that a coalition of agents in a larger electorate can obtain by forming a voting bloc to pool their votes and cast them all in one direction. We show under which conditions an agent will benefit from the formation of the voting bloc, whether being part of it or...
Persistent link: https://www.econbiz.de/10005654782