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Elections with contribution-maximizing candidates

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  • Amihai Glazer
  • Mark Gradstein

Abstract

Analyses of campaign contributions usually follow the Downsian model to suppose that candidates seek contributions to win elections. This paper takes the opposite approach, by assuming that each candidate aims to maximize the contributions he collects. A citizen contributes to a candidate with the aim of increasing that candidate’s chances of winning. These assumptions generate several results: in equilibrium citizens make campaign contributions; the positions the candidates adopt differ; because the rich are willing to make larger contributions than the poor, the candidates adopt positions the rich prefer. A cap on political contributions reduces spending by voters and reduces the distance between the positions adopted by the candidates; public funding of campaign contributions causes aggregate spending to increase. Copyright Springer Science + Business Media, Inc. 2005

Suggested Citation

  • Amihai Glazer & Mark Gradstein, 2005. "Elections with contribution-maximizing candidates," Public Choice, Springer, vol. 122(3), pages 467-482, March.
    • Handle: RePEc:kap:pubcho:v:122:y:2005:i:3:p:467-482
    DOI: 10.1007/s11127-005-7519-9
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    References listed on IDEAS

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    Cited by:

    1. Jenny De Freitas, 2011. "Political Support for a Private System of Financing Political Campaigns," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 67(4), pages 352-377, December.
    2. Jenny De Freitas, 2009. "Political support for the private system to finance political parties," DEA Working Papers 35, Universitat de les Illes Balears, Departament d'Economía Aplicada.
    3. Daisuke Hirata & Yuichiro Kamada, 2020. "Extreme donors and policy convergence," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(1), pages 149-176, June.
    4. Zudenkova, Galina, 2010. "Sincere Lobby Formation," MPRA Paper 28249, University Library of Munich, Germany.
    5. Konrad, Kai A., 2007. "Strategy in contests: an introduction [Strategie in Turnieren – eine Einführung]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-01, WZB Berlin Social Science Center.
    6. Hirata, Daisuke & 平田, 大祐 & Kamada, Yuichiro & 鎌田, 雄一郎, 2019. "Extreme Lobbyists and Policy Convergence," Discussion Papers 2019-02, Graduate School of Economics, Hitotsubashi University.
    7. Markus LANG & Alexander RATHKE & Marco RUNKEL, 2010. "The Economic Consequences Of Foreigner Rules In National Sports Leagues," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 47-64.
    8. Zudenkova Galina, 2017. "Lobbying as a Guard against Extremism," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-17, January.
    9. Timothy Lambie-Hanson, 2013. "Campaign contributions as valence," Public Choice, Springer, vol. 157(1), pages 3-24, October.
    10. Shiou Shieh & Wan-Hsiang Pan, 2010. "Individual campaign contributions in a Downsian model: expressive and instrumental motives," Public Choice, Springer, vol. 145(3), pages 405-416, December.
    11. Helmut Dietl & Egon Franck & Martin Grossmann & Markus Lang, 2009. "Contest Theory and its Applications in Sports," Working Papers 0105, University of Zurich, Institute for Strategy and Business Economics (ISU).

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