American Economic Review Vol. 97 No. 3 2007
Signaling Character in Electoral Competition
Abstract
We study a one-dimensional Hotelling-Downs model of electoral competition with the following innovation: a fraction of candidates have “character” and are exogenously committed to a campaign platform; this is unobservable to voters. Character is desirable, and a voter's utility is a convex combination of standard policy preferences and her assessment of a candidate's character. This structure induces a signaling game between strategic candidates and voters, since a policy platform affects voters' utilities not only directly, but also indirectly through inferences about a candidate's character. The model generates a number of predictions, starting with a failure of the median voter theorem.
- DOI
- 10.1257/aer.97.3.852
- Volume
- 97
- Issue
- 3
- Pages
- 852-870
- Language
- en
- Sources
- openalex bibtex:phds-export.bib crossref