Local Nash Equilibrium in Multiparty Politics

@article{Schofield2002LocalNE,
  title={Local Nash Equilibrium in Multiparty Politics},
  author={Norman Schofield and Itai Sened},
  journal={Annals OR},
  year={2002},
  volume={109},
  pages={193-211}
}
We present a model of multi-party, “spatial” competition under proportional rule with both electoral and coalitional risk. Each party consists of a set of delegates with heterogeneous policy preferences. These delegates choose one delegate as leader or agent. This agent announces the policy declaration (or manifesto) to the electorate prior to the election. The choice of the agent by each party elite is assumed to be a local Nash equilibrium to a game form g̃. This game form encapsulates… CONTINUE READING

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