Congruence Among Voters and Contributions to Political Campaigns

Elena Panova

Cahiers de recherche from CIRPEE

Abstract: This paper builds a theory of electoral campaign contributions. Interest groups contribute to political campaigns to signal their private information on the valence of candidates for office. Campaign contributions by an interest group enhance electoral fortunes by a candidate who is valent with this group. The candidate preferred by an interest group whose private information is the most precise receives the highest contributions and wins political office. Campaign contributions are smaller than donor electoral sorting benefits.

Keywords: Campaign contributions; incumbency advantage (search for similar items in EconPapers)
JEL-codes: D72 D82 M37 (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-cdm and nep-pol
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Persistent link: https://EconPapers.repec.org/RePEc:lvl:lacicr:0722

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