Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957646 | Journal of Economic Theory | 2009 | 29 Pages |
Abstract
We analyze candidate competition when some voters do not observe a candidate's policy choice. Voters have a personality preference when both candidates offer the same policy. In equilibrium, the candidate with a personality advantage may get elected with a partisan policy even though his opponent's policy is preferred by all voters. The departure from the Downsian prediction is most pronounced when candidates have a weak policy preference and care mostly about winning the election. In that case, uninformed voters choose the candidate with the preferred personality even if electing this candidate implies a lower payoff on average.
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Economics and Econometrics
Authors
Faruk Gul, Wolfgang Pesendorfer,