Asymmetric Information in a Citizen-Candidate Model
Type de matériel :
TexteLangue : français Détails de publication : 2002.
Ressources en ligne : Abrégé : This article proposes an extension in an asymmetric information framework of the citizen-candidates model developed by Osborne-Slivinsky [1996]. We show that introducing asymmetric information on the tastes of the agents tends to minor the prevalence of median candidates. We also show that this uncertainty leads to an increase in the number of candidates. Classification JEL: D72; D82
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This article proposes an extension in an asymmetric information framework of the citizen-candidates model developed by Osborne-Slivinsky [1996]. We show that introducing asymmetric information on the tastes of the agents tends to minor the prevalence of median candidates. We also show that this uncertainty leads to an increase in the number of candidates. Classification JEL: D72; D82
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