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Journal of Political Economy Vol. 124 No. 4 2016

The Runner-Up Effect

Santosh Anagol1; Thomas Fujiwara2,3,4

1 California University of Pennsylvania · 2 Canadian Institute for Advanced Research · 3 National Bureau of Economic Research · 4 Princeton University

Abstract

Exploiting regression discontinuity designs in Brazilian, Indian, and Canadian first-past-the-post elections, we document that second-place candidates are substantially more likely than close third-place candidates to run in, and win, subsequent elections. Since both candidates lost the election and had similar electoral performance, this is the effect of being labeled the runner-up. Selection into candidacy is unlikely to explain the effect on winning subsequent elections, and we find no effect of finishing in third place versus fourth place. We develop a simple model of strategic coordination by voters that rationalizes the results and provides further predictions that are supported by the data.

DOI
10.1086/686746
Volume
124
Issue
4
Pages
927-991
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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