EconPapers    
Economics at your fingertips  
 

The determinants and electoral consequences of asymmetric preferences

Francisco Martínez-Mora and M. Socorro Puy ()

European Journal of Political Economy, 2014, vol. 33, issue C, 85-97

Abstract: This paper studies two widely used models of political competition – citizen-candidate and probabilistic voting – to investigate the impact that asymmetries in single-peaked preferences have on two-party electoral competition. In a two-candidate equilibrium of the citizen–candidate model, asymmetries determine which candidate proposes a more moderate platform. In the probabilistic voting model, they induce both parties to move their platforms in the direction of the asymmetry, and affect the probabilities of victory of the contenders, sometimes in unexpected ways: under a restriction on party preferences, more overprovision avoidance increases the probability of victory of the party proposing a larger public sector and vice versa. The final part of the analysis shows that consumers' risk aversion, prudence and a decreasingly effective government induce overprovision avoidance asymmetries, whereas consumers' risk neutrality, a constant-effective government and a property we call decreasing satiation induce shortfall avoidance asymmetries.

Keywords: Single-peakedness; Asymmetric preferences; Political competition (search for similar items in EconPapers)
JEL-codes: D72 H31 H5 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0176268013000979
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:33:y:2014:i:c:p:85-97

DOI: 10.1016/j.ejpoleco.2013.11.007

Access Statistics for this article

European Journal of Political Economy is currently edited by J. De Haan, A. L. Hillman and H. W. Ursprung

More articles in European Journal of Political Economy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2023-05-07
Handle: RePEc:eee:poleco:v:33:y:2014:i:c:p:85-97