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Persistent link: https://www.econbiz.de/10010213203
In this paper we model the interaction between parties and candidates to highlight the mechanisms by which parties selecting candidates may discipline legislators. Parties are long-lived institutions providing incentives to short-lived candidates. Citizens have preferences over a multimentional...
Persistent link: https://www.econbiz.de/10005699610
Esteban and Ray (Econometrica 1994) describe a measure of polarization that is closely connected to potential conflict or tension in a society, emphasizing the difference between polarization and inequality. In principle a very highly polarized society may have a low level of inequality...
Persistent link: https://www.econbiz.de/10005699661