Spatial Competition Between Two Candidates of Different Quality: The Effects of Candidate Ideology and Private Information

Enriqueta Aragones and Thomas Palfrey

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: This paper examines competition in a spatial model of two-candidate elections, where one candidate enjoys a quality advantage over the other candidate. The candidates care about winning and also have policy preferences. There is two-dimensional private information. Candidate ideal points as well as their tradeoffs between policy preferences and winning are private information. The distribution of this two-dimensional type is common knowledge. The location of the median voter's ideal point is uncertain, with a distribution that is commonly known by both candidates. Pure strategy equilibria always exist in this model. We characterize the effects of increased uncertainty about the median voter, the effect of candidate policy preferences, and the effects of changes in the distribution of private information. We prove that the distribution of candidate policies approaches the mixed equilibrium of Aragones and Palfrey (2002a), when both candidates' weights on policy preferences go to zero.

Keywords: candidate quality; spatial competition; purification (search for similar items in EconPapers)
JEL-codes: C73 D72 D82 (search for similar items in EconPapers)
Pages: 19
Date: 2003-05-23
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Spatial Competition Between Two Candidates of Different Quality: The Effects of Candidate Ideology and Private Information (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:aub:autbar:573.03

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