Political exchange and the allocation of surplus: a model of two-party competition

Michele Grillo, Michele Polo

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The contribution elaborates a theoretical model of two-party competition. The main result concerns condition under which competition leads in equlibrium to divergence of the party's electoral programs.
Original languageEnglish
Title of host publicationPreferences and Democracy
EditorsALBERT BRETON, GIANLUIGI GALEOTTI, PIERRE SALMON, RONALD WINTROBE
Pages215-244
Number of pages30
Publication statusPublished - 1993

Keywords

  • Political competition
  • Political exchange

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