Models for the optimal allocation of funds over N constituencies during an election campaign

The aim of this paper has been to give some insight into viable methods for the optimal distribution of a political party's monetary resources. It is, of course, naive to believe that this factor should be the only one considered in developing an optimal allocation strategy. However, in many cases the most critical factor determining who wins a particular constituency is the amount of money spent by the opposing parties in the constituency. In lieu of this, the models developed here have related to the allocation of campaign funds under assumptions in which the major factor governing allocation is competitive expenditures. Copyright Center for Study of Public Choice Virginia Polytechnic Institute 1974