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The Economics of Elections: A Survey of the Literature
Ram Mudambi Temple University - Fox School of Business Pietro Navarra University of Messina - Institute of Economics and Finance; London School of Economics & Political Science - CPNSS September 2000 Temple University IGMS Working Paper No. 007-00 Abstract: Elections are the main instrument through which a democratic polity expresses its choices. Decisions made in elections have political implications. However, the decisions themselves are the result of individual optimization by the voter and organizational optimization by political formations. Economics has developed sophisticated tools and methods for the analysis of optimization problems. Over the last few decades these tools have increasingly been applied to the study of elections and electoral behavior. In this survey, we attempt to integrate this body of literature.
Keywords: Elections, public choice, democracy, politics JEL Classifications: D72, D71, H11 Working Paper SeriesDate posted: November 16, 2001 ; Last revised: January 21, 2002Suggested CitationContact Information
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