Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Citizen Candidates under Uncertainty
نویسنده
چکیده
In this paper we make two contributions to the growing literature on \citizen-candidate" models of representative democracy. First, we add uncertainty about the total vote count. We show that in a society with a large electorate, where the outcome of the election is uncertain and where winning candidates receive a large reward from holding oÆce, there will be a two-candidate equilibrium and no equilibria with a single candidate. Second, we introduce a new concept of equilibrium, which we term \sincere-strategic," and we show that with this re nement, the two equilibrium candidates will not be too extreme, one will lean to the left and the other one to the right. JEL classi cation numbers: D72
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