Political Competition and Polarization
Publikation: Working paper › Forskning
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Political Competition and Polarization. / Schultz, Christian.
Department of Economics, University of Copenhagen, 1996.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Political Competition and Polarization
AU - Schultz, Christian
PY - 1996
Y1 - 1996
N2 - This paper considers political competition and the consequences of political polarization when parties are better informed about how the economy functions than voters are. Specifically, parties know the cost producing a public good, voters do not. An incumbent's choice of policy acts like a signal for costs before an upcoming election. It is shown that the more polarized the political parties the more distorted the incumbent's policy choice.
AB - This paper considers political competition and the consequences of political polarization when parties are better informed about how the economy functions than voters are. Specifically, parties know the cost producing a public good, voters do not. An incumbent's choice of policy acts like a signal for costs before an upcoming election. It is shown that the more polarized the political parties the more distorted the incumbent's policy choice.
M3 - Working paper
BT - Political Competition and Polarization
PB - Department of Economics, University of Copenhagen
ER -
ID: 2984037