rule tends to support less policy polarization than the Plurality rule. These results stand in contrast to those obtained …, can support greater policy polarization vis-Ã -vis the Plurality rule. …

Recent studies of American politics evidence that political polarization of both the electorate and the political elite … have moved 'almost in tandem for the past half century' (McCarty et al., 2003, p.2), and that party polarization has …

candidate of the opponent party. Therefore, parties can use strategically polarization to provide incentives to candidates …. Because of this strategic use of candidate polarization, the polarization of the political race does not always reflect the … polarization of voters’ preferences. In general, the polarization of the political race seems to be a compromise between policy …

variety of circumstances, this, in turn, yields a polarization of equilibrium policy choices of the candidates. It is thus …

This paper studies the relation between political polarization and delegation of stabilization policy. There is …. Prior to an election each party proposes a central banker to be chosen if the party wins. If political polarization is small … median voter. If the political polarization is high, stabilization policy does not reflect the variance but only the …

variety of circumstances, this, in turn, yields a polarization of equilibrium policy choices of the candidates. It is thus …

distance from the candidate of the opponent party. Therefore, parties can use strategically polarization to provide incentives … to candidates. Because of this strategic use, the polarization of the political race may diverge from the polarization of … voters' preferences. In general, the polarization of the political race is a compromise between policy preferences of party …