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We present a modified citizen-candidate model where the implemented policy arises from a compromise between the government and an unelected external power. We show that the two-candidate equilibria of this model differ significantly from the original: however small the cost of candidacy, the...
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In this paper we present a two-period model where a left-wing and a right-wing political party are solely interested in the politics they pursue. We assume that voters are fully rational but show reciprocal behavior. By contrast, political parties are not motivated by reciprocity. We show that...
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