|
EconStor >
University of Massachusetts (UMass Amherst) >
Department of Economics, University of Massachusetts >
Working Papers, Department of Economics, University of Massachusetts >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/64242
|
| | |
| Title: | | The dynamics of resource spending in a competition between political parties: General notes on the Red Queen effect  |
| Authors: | | Coram, Alex |
| Issue Date: | | 2008 |
| Series/Report no.: | | Working Paper, University of Massachusetts, Department of Economics 2008-01 |
| Abstract: | | Competition between political parties is a process that unfolds over time whereas formal theories of party competition have tended to take an essentially static, or one-shot, approach. This leaves some gaps in our understanding of the dynamics of campaigning. The aim of this paper is to make up some of this gap. This is done using a differential game theory model to analyse a situation in which support for a party depends on the amount spent on marketing relative to the expenditure of the other party. One of the main results is that, even when voters are not myopic, the logic of the competition forces parties to accelerate expenditure on campaigning during the period between elections. |
| Subjects: | | party competition dynamics differential games |
| JEL: | | C61 C72 C73 D72 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Papers, Department of Economics, University of Massachusetts
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/64242
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|