Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10011777734
We consider a sequential entry model with three candidates who cannot commit to any policy announcement during the campaign. The study focuses on how a minor candidate, who wins only when unopposed, influences the electoral outcome. We show that unless the Condorcet winner (i.e., the winner in...
Persistent link: https://www.econbiz.de/10014154729