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Persistent link: https://www.econbiz.de/10011777734
We study political competition among parties with policy-motivated candidates and demonstrate two-party competition where one of them has no chance of winning in the general election. If there are multiple candidates in a party, then the party can nominate the representative contingent on who...
Persistent link: https://www.econbiz.de/10014170387
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