Single round vs. runoff elections under plurality rule: A theoretical analysis

Massimo Bordignon (), Tommaso Nannicini and Guido Tabellini

European Journal of Political Economy, 2017, vol. 49, issue C, 123-133

Abstract: We compare single round vs. runoff elections under plurality rule, allowing for partly endogenous party formation. With large and sufficiently polarized groups of moderate voters, under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility is smaller, because the bargaining power of the political extremes is reduced compared to single round elections. These results are robust to several extentions.

Date: 2017
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:49:y:2017:i:c:p:123-133

DOI: 10.1016/j.ejpoleco.2017.02.001

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