Elections with limited information: A fulfilled expectations model using contemporaneous poll and endorsement data as information sources
@article{McKelvey1985ElectionsWL,
title={Elections with limited information: A fulfilled expectations model using contemporaneous poll and endorsement data as information sources},
author={Richard D. McKelvey and Peter C. Ordeshook},
journal={Journal of Economic Theory},
year={1985},
volume={36},
pages={55-85}
}255 Citations
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We develop an incomplete information model of a sequence of elections in a one-dimensional policy space, where voters have no contemporaneous information about candidate positions, and candidates…
Rational expectations in elections: some experimental results based on a multidimensional model
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Every good economics textbook contains the cliche that market prices provide signals which facilitate the allocation of resources to their best use. In a world not subject to random shocks, consumers…
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