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Persistent link: https://www.econbiz.de/10014245968
I analyze a model of electoral competition in which a candidate?s reputation and his need of cred- ibility restricts … credibility constraints. I show that centrist parties are disadvantaged compared to leftist and rightist ones, since, in … the centrist parties?ideology set. A centrist candidate needs a higher concentration of voters in his credibility set …
Persistent link: https://www.econbiz.de/10005590844
We model an election between two Downsian mainstream candidates and a third inflexible politician. There is uncertainty about the state of the world. Candidates receive signals on the state and propose a policy to implement. There are two classes of voters: ideological, who are biased towards...
Persistent link: https://www.econbiz.de/10011650322
's effective ability; however, the distortions may be increasing in the incumbent's reputation of expertise on his signature issue. …
Persistent link: https://www.econbiz.de/10011441860
In this paper we study the functioning of representative democracy when politicians are better informed than the electorate about conditions relevant for policy choice. We consider a model with two states of the world. The distribution of voters' preferred policies shifts with the state. The two...
Persistent link: https://www.econbiz.de/10010320999
In their pursuit of being elected, politicians might not provide their constituents with independent viewpoints, but just try to outguess popular opinion. Although rational voters see through such populism, candidates can not resist resorting to it when the spoils of office are too large. For an...
Persistent link: https://www.econbiz.de/10010321316
This paper models a purely informational mechanism behind the incumbency advantage. In a two-period electoral campaign with two policy issues, a specialized incumbent and an unspecialized, but possibly more competent challenger compete for election by voters who are heterogeneously informed...
Persistent link: https://www.econbiz.de/10010281797
's effective ability; however, the distortions may be increasing in the incumbent's reputation of expertise on his signature issue. …
Persistent link: https://www.econbiz.de/10011491375
We model an election between two Downsian mainstream candidates and a third inflexible politician. There is uncertainty about the state of the world. Candidates receive signals on the state and propose a policy to implement. There are two classes of voters: ideological, who are biased towards...
Persistent link: https://www.econbiz.de/10011537537
's effective ability; however, the distortions may be increasing in the incumbent's reputation of expertise on his signature issue. …
Persistent link: https://www.econbiz.de/10011212037