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• W2182104211 abstract "This paper develops an approach to political equilibrium in a two- party setting. The approach characterizes political resource allocation as trading othe utility of core party supporters and swing voters, i.e. those who are not attached to either party. The model has three stages. First parties determine their electoral strategies. Second, an election is held. Third, policy is chosen. To illustrate the model at work, I apply it to two policy settings -the standard spatial model and the distributive politics problem of targeting transfers to groups of voters. The latter application is particularly interesting since the game of electoral strategy that emerges is supermodular. The paper then brie‡y discusses strategies for making political equilibria cred- ible, how some of the key magnitudes suggested by the theory can be measured and the additional considerations that arise in dynamic models of political competition." @default.
• W2182104211 created "2016-06-24" @default.
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• W2182104211 date "2007-01-01" @default.
• W2182104211 modified "2023-09-27" @default.
• W2182104211 title "Electoral Strategy and Economic Policy" @default.
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