Publication: A model of endogenous political party platforms
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Publication date
2004-08
Defense date
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Tutors
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Publisher
Springer
Abstract
We develop a model of endogenous party platform formation in a multidimensional
policy space. Party platforms depend on the composition of the parties’ primary electorate. The overall social outcome is taken to be a weighted average of party platforms and individuals vote strategically. Equilibrium is defined to obtain when no group of voters can shift the social outcome in its favor by deviating
and the party platforms are consistent with their electorate. We provide sufficient
conditions for existence of equilibria.
Description
Keywords
Endogenous party formation, Multidimensional policy space
Bibliographic citation
Economic Theory, 2004, v. 24, n. 2, pp. 373-394