A Model of Political Competition with Citizen-Candidates
Author(s) -
Martin J. Osborne,
Alan Slivinski
Publication year - 1996
Publication title -
the quarterly journal of economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 34.573
H-Index - 259
eISSN - 1531-4650
pISSN - 0033-5533
DOI - 10.2307/2946658
Subject(s) - competition (biology) , competition model , politics , mathematical economics , economics , microeconomics , computer science , political science , law , ecology , biology , profit (economics)
We develop a model of electoral competition in which citizens choosewhether or not to run as candidates; a winner implements her favorite policy.The equilibrium number of candidates depends negatively on the cost of runningand positively on the benefits of winning. For some parameter values allequilibria under plurality rule have exactly two candidates, whose positionsare distinct. Two-candidate elections are more likely under plurality rule thanunder a runoff system (cf. "Duverger's...
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