We model electoral competition between two parties in a winner-take-all election. Parties choose strategically first their platforms and then their campaign spending under aggregate uncertainty about voters' preferences. We use the model to examine why campaign spending in the United States has...

We argue that standard models of voting do a bad job explaining the frequency of very close mass elections with high turnout. We instead model head-to-head elections as a competition between incentive schemes to turn out voters and elucidate conditions under which parties might prefer close...