Gomberg, Andrei; Marhuenda, Francisco; Ortín, Ignacio … - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003
We develop a model of endogenous party platform formation in a multidimensional policy space. Party platforms depend on the composition of the parties? primary electorate. The overall social outcome is taken to be a weighted average of party platforms and individuals vote strategically....