Arbeitspapier

Campaigns, political mobility, and communication

We present a model of elections in which interest group donations allow candidates to shift policy positions. We show that if donations were prohibited, then a unique equilibrium regarding the platform choices of candidates would exist. Our game with financing of political campaigns exhibits two equilibria, depending on whether a majority of interest groups runs to support the leftist or rightist candidate. The equilibria generate a variety of new features of campaign games and may help identify the objective functions of candidates empirically.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 2834

Classification
Wirtschaft
Noncooperative Games
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Subject
elections
campaign contributions
interest groups
Wahlkampf
Wahlkampffinanzierung
Interessenpolitik
Gleichgewicht
Spieltheorie
Theorie

Event
Geistige Schöpfung
(who)
Gersbach, Hans
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2009

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Gersbach, Hans
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2009

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