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The Runner-Up Effect

Santosh Anagol and Thomas Fujiwara

Journal of Political Economy, 2016, vol. 124, issue 4, 927 - 991

Abstract: Exploiting regression discontinuity designs in Brazilian, Indian, and Canadian first-past-the-post elections, we document that second-place candidates are substantially more likely than close third-place candidates to run in, and win, subsequent elections. Since both candidates lost the election and had similar electoral performance, this is the effect of being labeled the runner-up. Selection into candidacy is unlikely to explain the effect on winning subsequent elections, and we find no effect of finishing in third place versus fourth place. We develop a simple model of strategic coordination by voters that rationalizes the results and provides further predictions that are supported by the data.

Date: 2016
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Citations: View citations in EconPapers (34)

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