Quand l'inertie génère des alternances politiques
Raphael Soubeyran ()
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Raphael Soubeyran: Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier
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Abstract:
In this note, we propose a simple infinite horizon of elections with two candidates. We suppose that the government policy presents some degree of inertia, i.e. a new government cannot completely change the policy implemented by the incumbent. When the policy inertia is strong enough, no party can win the elections a consecutive infinite number of times.
Date: 2006
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Published in Economics Bulletin, 2006, 4 (31), pp.1-8
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02654437
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