Final published version
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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Technological change, campaign spending and polarization
AU - Balart, Pau
AU - Casas, Agustin
AU - Troumpounis, Orestis
PY - 2022/7/31
Y1 - 2022/7/31
N2 - We present a model of electoral competition with endogenous platforms and campaign spending where the division of voters between impressionable and ideological is also endogenous and depends on parties’ strategic platform choices. Our approach results in a tractable model that provides interesting comparative statics on the effect of recent technological advancements. For instance, we can accommodate a new justification behind the well-documented simultaneous increase in campaign spending and polarization: an increase in the effectiveness of electoral advertising, or a decrease in the electorate’s political awareness, surely increases polarization and may also increase campaign spending.
AB - We present a model of electoral competition with endogenous platforms and campaign spending where the division of voters between impressionable and ideological is also endogenous and depends on parties’ strategic platform choices. Our approach results in a tractable model that provides interesting comparative statics on the effect of recent technological advancements. For instance, we can accommodate a new justification behind the well-documented simultaneous increase in campaign spending and polarization: an increase in the effectiveness of electoral advertising, or a decrease in the electorate’s political awareness, surely increases polarization and may also increase campaign spending.
KW - Electoral competition
KW - Office motives
KW - Endogenous valence
KW - Campaign spending
KW - Impressionable voters
KW - Semiorder lexicographic preferences
U2 - 10.1016/j.jpubeco.2022.104666
DO - 10.1016/j.jpubeco.2022.104666
M3 - Journal article
VL - 211
JO - Journal of Public Economics
JF - Journal of Public Economics
SN - 0047-2727
M1 - 104666
ER -