Indeterminacy of Citizen-Candidate Equilibrium

9 Pages Posted: 8 Mar 2003

See all articles by John E. Roemer

John E. Roemer

Yale University - Department of Political Science; Yale University - Cowles Foundation

Date Written: March 2003

Abstract

In a citizen candidate equilibrium, there are n candidates each of whom announces a policy in a policy space of dimension d. Thus the policy equilibrium lives in a space of dimension nd. We show, in a canonical example, that the equilibrium manifold is generically of dimension nd. In particular, the set of equilibria contains an open set in T^n.

Keywords: Citizen-candidate Equilibrium, Political Equilibrium

JEL Classification: D72

Suggested Citation

Roemer, John E., Indeterminacy of Citizen-Candidate Equilibrium (March 2003). Available at SSRN: https://ssrn.com/abstract=386088

John E. Roemer (Contact Author)

Yale University - Department of Political Science ( email )

Box 208269
New Haven, DC 06520-8269
United States
203-432-5249 (Phone)
203-432-6196 (Fax)

HOME PAGE: http://pantheon.yale.edu/~jer39/

Yale University - Cowles Foundation

Box 208281
New Haven, CT 06520-8281
United States