Abstract
This paper analyses the properties of a computational model of multi-party competition in two and three policy dimensions. We present four substantive results: Firstly, centrifugal incentives prevent rational parties from moving to the mean of voters' preference distributions. Secondly, the number of parties competing for votes and the inclination to abstain from voting are positively related to parties' optimum distance to the political centre. Thirdly, the number of parties in the political arena also increases both the distance between parties' location in the policy space and the inter-temporal volatility of their platforms. Finally, assuming that voters rely on past observations of partisan positioning behaviour in order to assess the credibility of parties, this memory of a party's record is positively related to both the distances between partisan platforms and their deviation from the mean of voters' preferences but has a dampening effect for platform volatility.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.