Arbeitspapier
Divergent platforms
A robust feature of models of electoral competition between two opportunistic, purely office-motivated parties is that both parties become indistinguishable in equilibrium. I this short note, I show that this strong connection between the office motivation of parties and their equilibrium choice of identical platforms depends on the following two - possibly counterfactual - assumptions: 1. Issue spaces are uni-dimensional and 2. Parties are unitary actors whose preferences can be represented by expected utility functions. The main goal here is to provide an example of a two-party model in which parties offer substantially different platforms in equilibrium even though no exogenous asymmetries are assumed. In this example, some voters' preferences over the 2-dimensional issue space are assumed to exhibit non-convexities and parties evaluate their actions with respect to a set of beliefs on the electorate.
- Sprache
-
Englisch
- Erschienen in
-
Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2011,25
- Klassifikation
-
Wirtschaft
Game Theory and Bargaining Theory: Other
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Criteria for Decision-Making under Risk and Uncertainty
- Thema
-
Downs Model
Games with Incomplete Preferences
Platform Divergence
Knightian Uncertainty
Uncertainty Aversion.
Wahlkampf
Parteiprogramm
Median Voter
Spieltheorie
Präferenztheorie
Entscheidung bei Unsicherheit
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bade, Sophie
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute for Research on Collective Goods
- (wo)
-
Bonn
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bade, Sophie
- Max Planck Institute for Research on Collective Goods
Entstanden
- 2011