Political Competition and Polarization
Research output: Working paper › Research
This paper considers political competition and the consequences of political polarization when parties are better informed about how the economy functions than voters are. Specifically, parties know the cost producing a public good, voters do not. An incumbent's choice of policy acts like a signal for costs before an upcoming election. It is shown that the more polarized the political parties the more distorted the incumbent's policy choice.
Original language | English |
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Publisher | Department of Economics, University of Copenhagen |
Number of pages | 28 |
Publication status | Published - 1996 |
ID: 2984037