On the benefits of party competition

Dan Bernhardt, Larissa Campuzano, Francesco Squintani, Odilon Câmara

Research output: Contribution to journalArticlepeer-review


We study the role of parties in a citizen-candidate repeated-elections model in which voters have incomplete information. We first identify a novel "party competition effect" in a setting with two opposing parties. Compared with "at large" selection of candidates, party selection makes office-holders more willing to avoid extreme ideological stands, and this benefits voters of all ideologies. We then allow for additional parties. With strategic voting, citizens benefit most when the only two parties receiving votes are more moderate. With sincere voting, even with three parties, extreme parties can thrive at the expense of a middle party; and whether most citizens prefer two or three parties varies with model parameters.

Original languageEnglish (US)
Pages (from-to)685-707
Number of pages23
JournalGames and Economic Behavior
Issue number2
StatePublished - Jul 2009

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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