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The literature on the rational PBC suggests that politicians systematically manipulate economic and fiscal conditions …
Persistent link: https://www.econbiz.de/10014223422
"We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...
Persistent link: https://www.econbiz.de/10003732333
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We model an election in which parties nominate candidates with observable policy preferences prior to a campaign that produces information about candidate quality, a characteristic independent of policy. Informative campaigns lead to greater differentiation in expected candidate quality, which...
Persistent link: https://www.econbiz.de/10013081087
We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...
Persistent link: https://www.econbiz.de/10012759100
We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...
Persistent link: https://www.econbiz.de/10012464503
We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...
Persistent link: https://www.econbiz.de/10014216877
Persistent link: https://www.econbiz.de/10003717595