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We extend the basic model of spatial competition in two directions. First, political parties and voters do not have complete information but behave adaptively. Political parties use polls to search for policy platforms that maximize the probability of winning an election and the voting decision...
Persistent link: https://www.econbiz.de/10005708965
We present a dynamic model of endogenous interest group sizes and policymaking. The model integrates ‘top-down' (policy) and `bottom-up' (individual and social-structural) influences on the development of interest groups. Comparative statics results show that the standard assumption of...
Persistent link: https://www.econbiz.de/10005705706
Persistent link: https://www.econbiz.de/10005542498