ELECTORAL EQUILIBRIA WITH ENTRY - SOME SIMULATIONS

Authors
BENDER B HAAS TC
Citation
B. Bender et Tc. Haas, ELECTORAL EQUILIBRIA WITH ENTRY - SOME SIMULATIONS, Public choice, 87(3-4), 1996, pp. 303-314
Citations number
17
Categorie Soggetti
Economics,"Political Science
Journal title
Public choice → ACNP
ISSN journal
00485829
Volume
87
Issue
3-4
Year of publication
1996
Pages
303 - 314
Database
ISI
SICI code
0048-5829(1996)87:3-4<303:EEWE-S>2.0.ZU;2-N
Abstract
The objective of this paper is to investigate by means of simulation t he impact of third-party entry on the spatial separation of candidates . Specifically, we do real-time simulations of Palfrey's (1984) model of electoral equilibria with entry after relaxing some of its assumpti ons. Our finding that the threat of third-party entry can induce virtu ally the same spatial separation of the major-party candidates as entr y with certainty is both a strong and interesting result.