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- W4288033032 abstract "This paper studies the effects of endogenous party formation on political platforms. It develops a model in which parties allow like-minded citizens to, first, share the cost of running in a public election and, second, coordinate on a policy platform. The paper characterizes the set of political equilibria with two competing parties and with one uncontested party. In two-party equilibria, the distance between both platforms is always positive but limited, in contrast to the median voter model and the citizen candidate model. In one-party equilibria, the median voter can be worse off than in all equilibria with two competing parties. (JEL D71, D72)" @default.
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- W4288033032 date "2022-08-01" @default.
- W4288033032 modified "2023-10-16" @default.
- W4288033032 title "Political Competition with Endogenous Party Formation and Citizen Activists" @default.
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- W4288033032 doi "https://doi.org/10.1257/mic.20200041" @default.
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