TY - JOUR
T1 - The citizen-candidate model with imperfect policy control
T2 - Strategic delegation and polarization
AU - Aytimur, R. Emre
AU - Boukouras, Aristotelis
AU - Schwager, Robert
PY - 2016/8/1
Y1 - 2016/8/1
N2 - We present a modified citizen-candidate model where the implemented policy arises from a compromise between the government and an unelected external power. We show that the two-candidate equilibria of this model differ significantly from the original: however small the cost of candidacy, the distance between the candidates' policies, both ideal and implemented, remains strictly above a threshold. Moreover, there may be one-candidate equilibria in which the only candidate is not the one most preferred by the median voter. Both results point out that, even with negligible cost of entry, there are limits to strategic delegation.
AB - We present a modified citizen-candidate model where the implemented policy arises from a compromise between the government and an unelected external power. We show that the two-candidate equilibria of this model differ significantly from the original: however small the cost of candidacy, the distance between the candidates' policies, both ideal and implemented, remains strictly above a threshold. Moreover, there may be one-candidate equilibria in which the only candidate is not the one most preferred by the median voter. Both results point out that, even with negligible cost of entry, there are limits to strategic delegation.
UR - http://www.scopus.com/inward/record.url?scp=84996867953&partnerID=8YFLogxK
U2 - 10.1111/caje.12222
DO - 10.1111/caje.12222
M3 - Article
AN - SCOPUS:84996867953
SN - 0008-4085
VL - 49
SP - 997
EP - 1015
JO - Canadian Journal of Economics
JF - Canadian Journal of Economics
IS - 3
ER -