Ortner, Juan - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 2, pp. 555-586
varies over time. Changes in popularity are partly exogenous and partly driven by the parties' actions. There is an election … scheduled at a future date and the party with more popularity at the election date wins the vote. Electoral incentives can have … substantial effects on bargaining outcomes. Periods of gridlock may arise when the election is close and parties have similar …