1 Advances in Political Economy - Department of Political Science

(Sean Pound) #1

EDITOR’S PROOF


112 E. Schnidman and N. Schofield

967
968
969
970
971
972
973
974
975
976
977
978
979
980
981
982
983
984
985
986
987
988
989
990
991
992
993
994
995
996
997
998
999
1000
1001
1002
1003
1004
1005
1006
1007
1008
1009
1010
1011
1012


Fig. 5 Optimal Republican position

This is determined by the set of voter preferred points{xi}. The coefficients{ij}
for candidatejwill depend on the position of the other candidate,k.Thebalance
equationfor eachjis then given by:

[
zelj−z∗j

]
+

1
2 β

[
dμj
dzj




z

]
= 0.

Here we call[zelj−z∗j]theelectoral gradient for party j, since in the absence of
activist resources, the equilibrium condition would be given by the condition
[
zelj −z∗j

]
= 0.

The second term in this expression is called theactivist gradient for party j.We
suggest that this first order condition will guarantee that the vectorz∗=(z∗dem,z∗rep)
will then be apure strategy Nash equilibrium of the vote maximizing political con-
test.
In the model for the 2008 election given in Table5, we used a simulation proce-
dure and found that the equilibrium for the model (4) in Table5 was given by the
vector
Free download pdf