Pandering and Electoral Competition
34 Pages Posted: 27 Mar 2012 Last revised: 16 Sep 2013
Date Written: August 25, 2013
We study an election with two perfectly informed candidates. Voters share common values over the policy outcome of the election, but possess arbitrarily little information about which policy is best for them. Voters elect one of the candidates, effectively choosing between the two policies proposed by the candidates. We explore under which conditions candidates always propose the voters’ optimal policy. The model is extended to include strategic voting, policy-motivated candidates, imperfectly informed candidates, and heterogeneous preferences.
Keywords: pandering, elections, information aggregation
JEL Classification: D72, D82
Suggested Citation: Suggested Citation