Endogenous party platforms: ‘stochastic’ membership
نویسندگان
چکیده
منابع مشابه
Endogenous Party Platforms: “stochastic” Membership
We analyze existence of divergent equilibria in a model of endogenous party platforms with stochastic membership. The parties proposals depend on their membership, while the membership depends both on the proposals of the parties and the unobserved idiosyncratic preferences of citizens over parties. It is shown that when citizens view the parties as similar, apart from their policy proposals (i...
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ژورنال
عنوان ژورنال: Economic Theory
سال: 2015
ISSN: 0938-2259,1432-0479
DOI: 10.1007/s00199-015-0936-1