Simple Centrifugal Incentives in Downsian Dynamics

Laussel, Didier, Le Breton, Michel and Xefteris, Dimitrios (2013) Simple Centrifugal Incentives in Downsian Dynamics. TSE Working Paper, n. 13-405, Toulouse

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Official URL: http://tse-fr.eu/pub/27234

Abstract

The main purpose of this short paper is to examine how traditional Downsian
dynamics (convergence of the parties to the median of the distribution) are altered by
the introduction of centrifugal incentives arising from the fact that any motion towards
the center induces a lost of votes at the extremes of the electorate. Our analysis
provides a new rationale for platform differentiation. It also yields new insights in the
case when centripetal incentives are dominant on one side of the political spectrum
while centrifugal incentives take over on the other side. This may apply for instance
to the 2012 French elections.

Item Type: Monograph (Working Paper)
Language: English
Date: May 2013
Place of Publication: Toulouse
Uncontrolled Keywords: Electoral Competition, Mixed equilibria, Centrifugal incentives
JEL codes: D71 - Social Choice; Clubs; Committees; Associations
D72 - Economic Models of Political Processes - Rent-Seeking, Elections, Legislatures, and Voting Behavior
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 09 Jul 2014 17:36
Last Modified: 19 Nov 2018 15:34
OAI ID: oai:tse-fr.eu:27234
URI: http://publications.ut-capitole.fr/id/eprint/15637

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