Discussion paper

DP6768 Effective Political Contests

We study two-stage political contests with private entry costs. We show that these political contests could be ineffective, namely, the chance of low ability candidates participating in the contest might be higher than the chance of high ability candidates participating in the contest (and winning). However, by imposing a costly requirement (fee) on the winner of the contest, one can guarantee that the contest will be effective.

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Citation

Sela, A and T Kaplan (eds) (2008), “DP6768 Effective Political Contests”, CEPR Press Discussion Paper No. 6768. https://cepr.org/publications/dp6768