Showing 1 - 10 of 12,950
The paper considers public funding of political parties when some voters are poorly informed about parties' candidates and campaigns are informative. For symmetric equilibria, it is shown that more public funding leads parties to chose more moderate candidates, and that an increase in the...
Persistent link: https://www.econbiz.de/10009580107
There is a harmful mismatch between how information published by the government is perceived—as highly trustworthy—and the reality that it is often not. This Article shows that the government frequently collects information from third-party private entities and publishes it with no review or...
Persistent link: https://www.econbiz.de/10014260311
We model a two-candidate electoral competition in which there is uncertainty about a policy-relevant state of the world. The candidates receive private signals about the true state, which are imperfectly correlated. We study whether the candidates are able to credibly communicate their...
Persistent link: https://www.econbiz.de/10014114607
We model an election between two Downsian mainstream candidates and a third inflexible politician. There is uncertainty about the state of the world. Candidates receive signals on the state and propose a policy to implement. There are two classes of voters: ideological, who are biased towards...
Persistent link: https://www.econbiz.de/10011537537
The paper analyses a model of electoral campaigning as a problem of competitive delegation. We model a situation in which there is uncertainty about what the optimal policy should be and about the extent of candidates' bias. While voters know whether the candidate is left or right wing, the bias...
Persistent link: https://www.econbiz.de/10012977497
A candidate for political office has private information about his and his rival's qualifications. A more informative positive (negative) campaign generates a more accurate public signal about his own (his rival's) qualifications, but costs more. A high type candidate has a comparative advantage...
Persistent link: https://www.econbiz.de/10014169481
We analyze a model of political competition in which the elite forms endogenously to aggregate information and advise the uninformed median voter which candidate to choose. The median voter knows whether or not the endorsed candidate is biased toward the elites, but might still prefer the biased...
Persistent link: https://www.econbiz.de/10014322896
We study a one dimensional Hotelling-Downs model of electoral competition with the following innovation: a fraction of candidates have character and are exogenously committed to a campaign platform; this is unobservable to voters. However, character is desirable, and a voter's utility is a...
Persistent link: https://www.econbiz.de/10014060276
Why do people appear to forgo information by sorting into “echo chambers”? We construct a highly tractable multi-sender, multi-receiver cheap talk game in which players choose with whom to communicate. We show that segregation into small, homogeneous groups can improve everybody’s...
Persistent link: https://www.econbiz.de/10012265620
We study the relation between the electorate's information about candidates' policy platforms during an election, and the subsequent provision of inefficient local public goods by the elected government. More information does not always lead to better outcomes. We show that the equilibrium...
Persistent link: https://www.econbiz.de/10014177433