Uncontested incumbents and incumbent upsets

成果类型:
Article
署名作者:
Alexander, Dan
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2020.11.007
发表日期:
2021
页码:
163-185
关键词:
Uncontested elections Electoral upsets incumbency advantage valence contests Electoral competition
摘要:
This paper presents a model of elections that explores the relationship between incumbent upsets and incumbents running unopposed. A valence-disadvantaged candidate (a potential challenger), who possesses private information about the extent of this disadvantage, first decides whether to challenge a valence-advantaged candidate (the incumbent). If the election is contested, the two candidates engage in policy competition. In equilibrium, the incumbent is never certain of the strength of a challenger she faces, and she may risk losing by proposing a less moderate policy for the possibility of winning at a policy more to her liking. The model demonstrates that analysts risk mischaracterizing candidate behavior by ignoring the possibility that an advantaged candidate may lose due to rational complacency. Key comparative statics may switch signs if analyses exclude uncontested elections, and reducing the frequency of uncontested elections entails the trade-off for voter welfare of more extreme platforms in contested elections. (C) 2020 Elsevier Inc. All rights reserved.
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