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Extreme Parties and Political Rents

Extreme parties and political rents
Authors: R. Emre Aytimur;

Extreme Parties and Political Rents

Abstract

Abstract We study the rent-seeking behavior of political parties in a proportional representation system. In our model, the final policy choice of the parliament is a weighted average of parties’ policy positions, weights being their vote shares. An extreme party chooses a higher rent level than a moderate party in exchange for greater policy influence, except in some cases of unlikely distributions of parties. Moreover, political rents are not eliminated even with free entry, unless the entry cost is arbitrarily small.

Keywords

proportional representation system, ddc:330, electoral competition,rent-seeking political parties,proportional representation system, History, political science, D72, D73, D78, Voting theory, electoral competition, rent-seeking political parties, jel: jel:D73, jel: jel:D72, jel: jel:D78

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
bronze