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be relatively young, with many new parties and candidates in the political scene. This means elections occur under a high … of elections as a game of incomplete information to explore how uncertainty, candidates’ motivation (policy vs. office …
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We study an election with two perfectly informed candidates. Voters share common values over the policy outcome of the election, but possess arbitrarily little information about which policy is best for them. Voters elect one of the candidates, effectively choosing between the two policies...
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In a common-values election where voters receive a signal about which candidate is superior, suppose there is a small amount of uncertainty about the conditional likelihood of the signalʼs outcome, given the correct candidate. Once this uncertainty is resolved, the signal is i.i.d. across...
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