Hotelling-downs competition with free entry when voters have an option to contest

Dziubiński, Marcin and Roy, Jaideep 2013, Hotelling-downs competition with free entry when voters have an option to contest, Journal of public economic theory, vol. 15, no. 4, pp. 620-653, doi: 10.1111/jpet.12034.

Attached Files
Name Description MIMEType Size Downloads

Title Hotelling-downs competition with free entry when voters have an option to contest
Author(s) Dziubiński, Marcin
Roy, Jaideep
Journal name Journal of public economic theory
Volume number 15
Issue number 4
Start page 620
End page 653
Total pages 34
Publisher Wiley-Blackwell
Place of publication Chichester, Eng.
Publication date 2013
ISSN 1097-3923
Summary Osborne shows that for almost all distributions of voters' preferences, a pure strategy Nash equilibrium does not exist in the classical Hotelling-Downs model of electoral competition with free entry. We show that equilibrium is generically possible if in addition one allows voters an option to announce their candidacy to compete side-by-side with office-seeking players. The model studied in this paper renders Osborne and the celebrated citizen-candidate model à la Osborne and Slivinski as two extreme cases. We characterize the equilibrium set with two central questions: (i) can there be equilibria where only voters contest? and (ii) are equilibria with contesting office-seeking players possible? We also show that in our general setting, extremists are typically voter-candidates so that in every two-party contest, office-seeking politicians stay out of competition.
Language eng
DOI 10.1111/jpet.12034
Field of Research 140104 Microeconomic Theory
1401 Economic Theory
Socio Economic Objective 910299 Microeconomics not elsewhere classified
HERDC Research category C1.1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2013, Wiley Periodicals
Persistent URL

Document type: Journal Article
Collections: Faculty of Business and Law
Department of Economics
Connect to link resolver
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 2 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 160 Abstract Views, 3 File Downloads  -  Detailed Statistics
Created: Thu, 19 May 2016, 14:37:06 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact