Abstract
Since the 1960s, Democrats and Republicans in U.S. Congress have taken increasingly polarized positions, while the public's policy positions have remained centrist and moderate. We explain this apparent contradiction by developing a dynamical model that predicts ideological positions of political parties. Our approach tackles the challenge of incorporating bounded rationality into mathematical models and integrates the empirical finding of satisficing decision making---voters settle for candidates who are "good enough" when deciding for whom to vote. We test the model using data from the U.S. Congress over the past 150 years, and find that our predictions are consistent with the two major political parties' historical trajectory. In particular, the model explains how polarization between the Democrats and Republicans since the 1960s could be a consequence of increasing ideological homogeneity within the parties.
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.