Aragonès, Enriqueta; Xefteris, Dimitrios - In: Games and Economic Behavior 75 (2012) 2, pp. 464-480
This paper characterizes a unique mixed strategy Nash equilibrium in a one-dimensional Downsian model of two-candidate elections with a continuous policy space, where candidates are office motivated and one candidate enjoys a non-policy advantage over the other candidate. We show that if...