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- W2012033209 abstract "This paper develops a game-theoretic model of political competition that attempts to confront the disparities between the predictions of standard spatial models and the data, while retaining the compelling features of the spatial paradigm. By contrast with standard models, but in the spirit of Downs, here (1) voters are fundamentally uncertain about the post-election outcomes associated with any candidate and (2) incumbent candidates are distinguished from challenges in their strategic positions and through voters' perceptions. Equilibrium always exists in the model, and its characterization differs sharply from previous results; for example, equilibrium candidate positions are unique and distinct. A set of comparative statics and dynamics completes the predictions of the model." @default.
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- W2012033209 date "1989-01-01" @default.
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- W2012033209 title "Reputational dynamics in spatial competition" @default.
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- W2012033209 doi "https://doi.org/10.1016/0895-7177(89)90419-6" @default.
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