WHEN TO RUN AND WHEN TO HIDE: ELECTORAL COORDINATION AND EXIT

Indridi Indridason

Economics and Politics, 2008, vol. 20, issue 1, 80-105

Abstract: Elections represent a coordination problem for voters and candidates for office. Electoral coordination is also the causal mechanism behind any explanation of the relationship between electoral systems and the number of parties. I present a dynamic model of electoral coordination with candidate exit. The model extends two important results from the literature to a dynamic setting. The extension of Duverger's Law and the median‐voter theorem also offers a simultaneous prediction of the number of parties and their ideological positions. Coordination failure is shown to be possible in a mixed‐strategy equilibrium.

Date: 2008
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https://doi.org/10.1111/j.1468-0343.2007.00315.x

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