Aggregate uncertainty in the citizen candidate model yields extremist parties

S Brusco, Jaideep Roy

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

We extend the citizen candidate model of electoral competition with sincere voting to allow for k a parts per thousand yen 2 states of aggregate uncertainty. We discuss and characterize the equilibrium set in this framework. We provide conditions for the existence of two-party equilibria when k = 2 and show that the policies of the two parties in any such equilibrium are not only divergent but that the parties are extremist: when the political mood is left-wing, the left-wing party wins decisively with a platform that is to the left of the left-wing median voter, while when the political mood is right-wing, the right-wing party wins decisively with a platform that is to the right of the right-wing median voter. We then provide conditions under which such equilibria remain robust for an arbitrary value of k.
Original languageEnglish
Pages (from-to)83-104
Number of pages22
JournalSocial Choice and Welfare
Volume36
Issue number1
DOIs
Publication statusPublished - 1 Jan 2011

Fingerprint

Dive into the research topics of 'Aggregate uncertainty in the citizen candidate model yields extremist parties'. Together they form a unique fingerprint.

Cite this