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competition. All regimes are constrained by the threat of "entry," and thereby seek some combination of popular support and … oppression and discouraging competition. Since entry barriers are a form of increasing returns, democratic countries (defined …
Persistent link: https://www.econbiz.de/10012466008
Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...
Persistent link: https://www.econbiz.de/10012467285
In most elections, voters care about several issues, but candidates may have to choose only a few to build their campaign on. The information that voters will get about the politician depends on this choice, and it is therefore a strategic one. In this paper, I study a model of elections where...
Persistent link: https://www.econbiz.de/10012457402
This paper examines the effects of campaign spending limits on political competition and incumbency advantage. We study … discontinuous kink which we exploit for causal identification. We find that stricter limits increase political competition by …
Persistent link: https://www.econbiz.de/10012455174
We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...
Persistent link: https://www.econbiz.de/10012464503
Much literature on political behavior treats politicians as motivated by reelection, choosing actions to signal their types to voters. We identify two novel implications of models in which signalling incentives are important. First, because incumbents only care about clearing a reelection...
Persistent link: https://www.econbiz.de/10012460825
This paper presents a new model of political competition where candidates belong to factions. Before elections …, factions compete to direct local public goods to their local constituencies. The model of factional competition delivers a rich …
Persistent link: https://www.econbiz.de/10012465647
We develop a novel model of campaigns, elections, and policymaking in which the ex ante objectives of national party leaders differ from the ex post objectives of elected legislators. This generates a distinction between "policy rhetoric" and "policy reality" and introduces an important role for...
Persistent link: https://www.econbiz.de/10012467673
This paper presents a model of political competition with campaign contributions and informative political advertising …
Persistent link: https://www.econbiz.de/10012470022
We provide a model of self-selection by candidates in a probabilistic voting environment to shed light on the forces shaping the quality of politicians from both the supply and demand sides of politics. The model highlights that the patterns of selection and the comparative statics of politician...
Persistent link: https://www.econbiz.de/10012452939