| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072022 | Games and Economic Behavior | 2012 | 23 Pages |
Abstract
⺠We study electoral competition when voters care about candidatesʼ fixed characteristics and flexible policy positions. ⺠“UCR preferences” capture a form of separability between fixed characteristics and policy. ⺠If voters have UCR preferences, candidatesʼ equilibrium policies converge in any strict equilibrium. ⺠Complementarity between candidate characteristics and policies leads to non-UCR preferences and policy divergence.
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Authors
Stefan Krasa, Mattias K. Polborn,