Castanheira, Micael - In: Journal of the European Economic Association 1 (2003) 5, pp. 1207-1238
Voting theory generally concludes that, in first-past-the-post elections, all votes should go to effective candidates (Duverger's Law), and parties should adopt a similar platform (median voter theorem). However, such predictions are not always met in practice. We show why divergence and vote...