TY - JOUR
T1 - Partisan politics and election failure with ignorant voters
AU - Gul, Faruk
AU - Pesendorfer, Wolfgang
N1 - Funding Information:
We thank three anonymous referees and Thomas Eisenbach for helpful comments and suggestions. Financial support from the National Science Foundation under grant SES-0550540 is gratefully acknowledged.
Copyright:
Copyright 2008 Elsevier B.V., All rights reserved.
PY - 2009/1
Y1 - 2009/1
N2 - 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.
AB - 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.
KW - Electoral competition
KW - Information aggregation
KW - Voter ignorance
UR - http://www.scopus.com/inward/record.url?scp=57349116742&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=57349116742&partnerID=8YFLogxK
U2 - 10.1016/j.jet.2008.04.005
DO - 10.1016/j.jet.2008.04.005
M3 - Article
AN - SCOPUS:57349116742
SN - 0022-0531
VL - 144
SP - 146
EP - 174
JO - Journal of Economic Theory
JF - Journal of Economic Theory
IS - 1
ER -