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- W3121441987 abstract "The nonexistence of equilibria in models of electoral competition involving multiple issues is one of the more puzzling results in political economics. In this paper, we relax the standard assumption that parties act as expected utility maximizers. We show that equilibria often exist when parties with limited knowledge about the electorate are modeled as uncertainty-averse. What is more, these equilibria can be characterized as a straightforward generalization of the classical median voter result." @default.
- W3121441987 created "2021-02-01" @default.
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- W3121441987 date "2010-05-01" @default.
- W3121441987 modified "2023-09-27" @default.
- W3121441987 title "Electoral Competition with Uncertainty Averse Parties" @default.
- W3121441987 hasPublicationYear "2010" @default.
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