A signaling model of repeated elections

被引:22
作者
Shotts, Kenneth W. [1 ]
机构
[1] Stanford Univ, Grad Sch Business, Stanford, CA 94305 USA
关键词
D O I
10.1007/s00355-006-0129-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
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页码:251 / 261
页数:11
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