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This paper analyses the properties of a computational model of multi-party competition in two and three policy dimensions. We present four substantive results: Firstly, centrifugal incentives prevent rational parties from moving to the mean of voters' preference distributions. Secondly, the...
Persistent link: https://www.econbiz.de/10012734399
Despite a widespread fascination with the so called compensation hypothesis – i.e. the proposition that governments have to provide insurance against the risks of open markets to make integration into the international economy politically feasible – there appears to exist a complete lack of...
Persistent link: https://www.econbiz.de/10014159143
This paper analyzes the impact of the number of parties on turnover rates within an endogenous partisan preference framework. Our results show that the turnover increases in the number of parties under various levels of individual propensity to abstain. We find strong interactions effects...
Persistent link: https://www.econbiz.de/10014070311