Do campaign spending limits diminish competition? An experiment
Hironori Otsubo
Economics Bulletin, 2013, vol. 33, issue 3, 2223-2234
Abstract:
This paper experimentally investigates the effect of limits on campaign expenditure and outcome in an electoral contest where two candidates, an incumbent and a challenger, compete for office in terms of the amount of campaign expenditure. The candidates are asymmetric only in that the incumbent wins the contest in case of a tie. Theory predicts that in the presence of such asymmetry spending limits put the challenger at a disadvantage and tightening the limits leads to further entrenchment of the incumbent. The experimental results confirmed the theoretical predictions.
Keywords: Electoral contest; Spending limit; Incumbency advantage; Experiment (search for similar items in EconPapers)
JEL-codes: C7 C9 (search for similar items in EconPapers)
Date: 2013-09-03
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-13-00500
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