Extreme idealism and equilibrium in the Hotelling-Downs model of political competition
In the classic Hotelling-Downs model of political competition, no pure strategy equilibrium with three or more strategic candidates exists when the distribution of voters’ preferred policies is unimodal. I study the effect of introducing two idealist candidates to the model who are non-strategic (i....
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Format: | Journal article |
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Springer Verlag
2018
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