A signaling model of repeated elections
I develop a two period model of elections in which voters' first period actions affect candidates' estimates of voter preferences and thus affect second period electoral and policy outcomes. I find an equilibrium in which centrist voters abstain in the first election, despite facing zero c...
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Veröffentlicht in: | Social choice and welfare 2006-10, Vol.27 (2), p.251-261 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | I develop a two period model of elections in which voters' first period actions affect candidates' estimates of voter preferences and thus affect second period electoral and policy outcomes. I find an equilibrium in which centrist voters abstain in the first election, despite facing zero costs of voting and having a strict preference between the alternatives before them. The reason centrists abstain is to signal their preferences to future candidates and thereby promote future policy moderation. |
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ISSN: | 0176-1714 1432-217X |
DOI: | 10.1007/s00355-006-0129-8 |