skip to content

Faculty of Economics

Journal Cover

Dziubinski M. and Roy, J.

Hotelling-Downs Competition with free entry when voters have an option to Contest

Journal of Public Economic Theory

Vol. 15(4) pp. 620-653 (2013)

Abstract: Osborne shows that for almost all distributions of voters’ preferences, a pure strategy Nash equilibrium does not exist in the classical Hotelling–Downs model of electoral competition with free entry. We show that equilibrium is generically possible if in addition one allows voters an option to announce their candidacy to compete side-by-side with office-seeking players. The model studied in this paper renders Osborne and the celebrated citizen-candidate model à la Osborne and Slivinski as two extreme cases. We characterize the equilibrium set with two central questions: (i) can there be equilibria where only voters contest? and (ii) are equilibria with contesting office-seeking players possible? We also show that in our general setting, extremists are typically voter-candidates so that in every two-party contest, office-seeking politicians stay out of competition.

Author links:

Publisher's Link: http://onlinelibrary.wiley.com/doi/10.1111/jpet.12034/abstract



Papers and Publications



Recent Publications


Elliott, M. and Golub, B. A Network Approach to Public Goods Journal of Political Economy [2019]

Galeotti, A., Golub, B. and Goyal, S. Targeting Interventions in Networks Econometrica, forthcoming [2020]

Li, Z. M., Laeven, R. J. A. and Vellekoop, M. H. Dependent Microstructure Noise and Integrated Volatility: Estimation from High-Frequency Data Journal of Econometrics [2020]

Liu, K. Wage Risk and the Value of Job Mobility in Early Employment Careers Journal of Labor Economics [2019]