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We report the results of a laboratory experiment based on a citizen‐candidate model with private information about ideal points. Inefficient political polarization is observed in all treatments; that is, citizens with extreme ideal points enter as candidates more often than moderate citizens....
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The quantal response equilibrium (QRE) is an extension of the standard model of Nash equilibrium which allows for errors in choice. The QRE can be viewed as a generalization of statistical models of discrete choice behavior of individuals to a game theoretic setting. Just like in discrete choice...
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