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It is known that multidimensional Downsian competition fails to admit an equilibrium in pure strategies unless very stringent conditions on the distribution of voters’ bliss points are imposed (Plott 1967). This paper revisits this problem considering that the two vote share maximizing...
Persistent link: https://www.econbiz.de/10011119920
This paper employs the theory of strategic market games (enhanced with a spatial dimension) in order to study the issue of market location in a perfectly competitive setup. In this framework, each player decides strategically where and what quantities she wishes to trade and, hence, the market...
Persistent link: https://www.econbiz.de/10010769246
The Brexit vote took place three days before the June 26, 2016, Spain's parliamentary elections, in which anti-systemic parties performed worse compared to the previous elections (December 2015) despite the optimistic predictions of the pre-election polls and the surge in the support for...
Persistent link: https://www.econbiz.de/10012926656