This paper concerns public funding of parties. Parties receive public funds depending on their vote share. Funds finance electoral campaigns. Two cases are investigated. In the first some voters are policy motivated and some are "impressionable" - their vote depends directly on campaign...

We develop a dynamic political model of dividing a fixed amount of money among n districts. There are two political parties that make proposals on such divisions and compete in each district. Each district elects a representative to a legislature. Each party is governed by its representatives...