Monotone comparative statics in the Calvert-Wittman model

DOI10.1007/S40505-022-00220-8zbMATH Open1497.91258arXiv2107.07910OpenAlexW3183840738MaRDI QIDQ2157287FDOQ2157287

Authors: Yanyan Li 

Publication date: 27 July 2022

Published in: Economic Theory Bulletin (Search for Journal in Brave)

Abstract: In this paper, we show that when policy-motivated parties can commit to a particular platform during a uni-dimensional electoral contest where valence issues do not arise there must be a positive association between the policies preferred by candidates and the policies adopted in expectation in the lowest and the highest equilibria of the electoral contest. We also show that this need not be so if the parties cannot commit to a particular policy. The implication is that evidence of a negative relationship between enacted and preferred policies is suggestive of parties that hold positions from which they would like to move from yet are unable to do so.

Full work available at URL: https://arxiv.org/abs/2107.07910

Recommendations

• Electoral competition with policy-motivated candidates
• Multidimensional political competition with non-common beliefs
• Divergent platforms
• Valence, complementarities, and political polarization
• Electoral competition in 2-dimensional ideology space with unidimensional commitment

zbMATH Keywords

political competitioncredibility and commitment

Mathematics Subject Classification ID

History, political science (91F10) Applications of game theory (91A80)

Cites Work

• Log-concave probability and its applications
• An Economic Model of Representative Democracy
• A Model of Political Competition with Citizen-Candidates
• Do Voters Affect or Elect Policies? Evidence from the U. S. House
• Candidates with policy preferences: A dynamic model
• Political-economic equilibrium when parties represent constituents: The unidimensional case
• Informative cheap talk in elections
• Women as Policy Makers: Evidence from a Randomized Policy Experiment in India

Cited In (3)

• A Test for Monotone Comparative Statics
• Weak and strong monotone comparative statics
• Monotone Comparative Statics

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