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Discussion Paper Details
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Full Details
Title: Multi-candidate Political Competition and the Industrial Organization of Politics
Author(s): Avner Seror and Thierry Verdier
Publication Date: August 2018
Keyword(s): Frechet distributions, Plurality, Probabilistic Voting Models, Proportionality, public policy, redistribution and runoff
Programme Area(s): Public Economics
Abstract: In this paper, we present a microfounded theory of multi-candidate political competition taking an "industrial organization" perspective of politics. The analytical framework is shown to be exible enough to address several applications on the topics of special interest politics, coalition formation in the legislature in proportional elections, and redistribution under alternative electoral rules.
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Bibliographic Reference
Seror, A and Verdier, T. 2018. 'Multi-candidate Political Competition and the Industrial Organization of Politics'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=13121