CaltechAUTHORS
  A Caltech Library Service

Electoral Competition Between Two Candidates of Different Quality: The Effects of Candidate Ideology and Private Information

Palfrey, Thomas R. and Aragones, Enriqueta (2005) Electoral Competition Between Two Candidates of Different Quality: The Effects of Candidate Ideology and Private Information. In: Social Choice and Strategic Behavior: Essays in Honor of Jeffrey Scot Banks. Studies in Choice and Welfare. Springer , New York, NY, pp. 93-112. ISBN 978-3540220534. https://resolver.caltech.edu/CaltechAUTHORS:20160308-114044999

[img] PDF (sswp 1169 - published) - Published Version
Restricted to Caltech community only
See Usage Policy.

7MB

Use this Persistent URL to link to this item: https://resolver.caltech.edu/CaltechAUTHORS:20160308-114044999

Abstract

This paper examines competition in a spatial model of two-candidate elections, where one candidate enjoys a quality advantage over the other candidate. The candidates care about winning and also have policy preferences. There is two-dimensional private information. Candidate ideal points as well as their tradeoffs between policy preferences and winning are private information. The distribution of this two-dimensional type is common knowledge. The location of the median voter's ideal point is uncertain, with a distribution that is commonly known by both candidates. Pure strategy equilibria always exist in this model. We characterize the effects of increased uncertainty about the median voter, the effect of candidate policy preferences, and the effects of changes in the distribution of private information. We prove that the distribution of candidate policies approaches the mixed equilibrium of Aragones and Palfrey [2], when both candidates' weights on policy preferences go to zero.


Item Type:Book Section
Related URLs:
URLURL TypeDescription
http://dx.doi.org/10.1007/3-540-27295-X_4DOIArticle
http://link.springer.com/chapter/10.1007/3-540-27295-X_4PublisherArticle
ORCID:
AuthorORCID
Palfrey, Thomas R.0000-0003-0769-8109
Additional Information:© 2005 Springer. Aragones acknowledges financial support from the Spanish Ministry of Science and Technology, grant number SEC2000-1186. Palfrey acknowledges financial support from the National Science Foundation grant number SES-0079301, and from the Institut d'Anàlsi Econòmica. He is also grateful for the hospitality of IAE in May 2003. We thank Clara Ponsati and participants of several seminars for helpful comments.
Group:Social Science Working Papers
Funders:
Funding AgencyGrant Number
Ministerio de Ciencia y Tecnología (MCyT)SEC2000-1186
NSFSES-0079301
Institut d'Anàlsi EconòmicaUNSPECIFIED
Other Numbering System:
Other Numbering System NameOther Numbering System ID
Social Science Working Paper1169
Series Name:Studies in Choice and Welfare
Record Number:CaltechAUTHORS:20160308-114044999
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20160308-114044999
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:65196
Collection:CaltechAUTHORS
Deposited By: Susan Vite
Deposited On:17 Mar 2016 21:33
Last Modified:22 Nov 2019 09:58

Repository Staff Only: item control page