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Multiple Equilibria in the Citizen-Candidate Model of Representative Democracy

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  • Dhillon, Amrita
  • Lockwood, Ben

Abstract

The Besley-Coate model of representative democracy has the problem of multiple equilibria (Besley-Coate 1997). We show that requiring the Besley-Coate political equilibria to be iteratively undominated at the voting stage refines the set of (pure strategy) political equilibrium outcomes only for those cases where at least four candidates stand for election. This note complements the results of De Sinopoli and Turrini (1999). Copyright 2002 by Blackwell Publishing Inc.

Suggested Citation

  • Dhillon, Amrita & Lockwood, Ben, 2002. "Multiple Equilibria in the Citizen-Candidate Model of Representative Democracy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 4(2), pages 171-184.
    • Handle: RePEc:bla:jpbect:v:4:y:2002:i:2:p:171-84
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    Citations

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    Cited by:

    1. R. Emre Aytimur & Aristotelis Boukouras & Robert Schwager, 2012. "The Citizen-Candidate Model with Imperfect Policy Control," CESifo Working Paper Series 3900, CESifo.
    2. John Duggan & Yoji Sekiya, 2009. "Voting Equilibria in Multi‐candidate Elections," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(6), pages 875-889, December.
    3. Ružica Savčić & Dimitrios Xefteris, 2021. "Apostolic voting," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(3), pages 1400-1417, November.
    4. Damien Bol & André Blais & Jean-François Laslier & Antonin Macé, 2015. "Electoral System and Number of Candidates: Candidate Entry under Plurality and Majority Runoff," Working Papers halshs-01168722, HAL.
    5. Damien Bol & Arnaud Dellis & Mandar oak, 2015. "Endogenous Candidacy in Electoral Competition: A Survey," School of Economics and Public Policy Working Papers 2015-19, University of Adelaide, School of Economics and Public Policy.
    6. Damien Bol & Arnaud Dellis & Mandar Oak, 2016. "Comparison of Voting Procedures Using Models of Electoral Competition with Endogenous Candidacy," Studies in Political Economy, in: Maria Gallego & Norman Schofield (ed.), The Political Economy of Social Choices, pages 21-54, Springer.
    7. De Sinopoli, Francesco, 2004. "A note on forward induction in a model of representative democracy," Games and Economic Behavior, Elsevier, vol. 46(1), pages 41-54, January.

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