G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3912
DP3912 The Dynamics of Local Employment in France
Thierry Magnac; Pierre-Philippe Combes; Jean-Marc Robin
发表日期2003-05-23
出版年2003
语种英语
摘要We extend a simple version of the citizen candidates model (developed by Osborne-Slivinsky (1996) and Besley-Coate (1997)) to an asymmetric information setting, in which the type of a given individual is assumed to be private information. Focusing on a particular class of perfect Bayesian equilibria, we show that there exist two kinds of equilibria. In the first one, both non-median types become candidates and those equilibria generalize to any number of (potential) candidates. In the second one, only one of the non-median types chooses to become candidates for the election and those equilibria hold for a number of (potential) candidates at most equal to three. This is in sharp contrast with the complete information framework in which only the median type individuals stand for office when the entry cost is sufficiently low.
主题Public Economics
关键词Political economy Information Political competition
URLhttps://cepr.org/publications/dp3912
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532884
推荐引用方式
GB/T 7714
Thierry Magnac,Pierre-Philippe Combes,Jean-Marc Robin. DP3912 The Dynamics of Local Employment in France. 2003.
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