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In the citizen-candidate approach each citizen chooses whether or not to run as candidate. In this paper we find that the strategic entry-exit decision of the candidates eliminates one of the most undesirable properties of Plurality rule, namely to elect a poor candidate in three-candidate...
Persistent link: https://www.econbiz.de/10005063188
Plurality rule, when applied to a fixed agenda setting, is mostly criticized from being capable of choosing an alternative considered as worst by a strict majority. In this paper we consider an endogenous agenda setting with no more than three alternatives. In those equilibria where the...
Persistent link: https://www.econbiz.de/10005650015