-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Citizen Candidate Model with the Given Electoral Rule to Find Candidate Equilibrium
Question
Assume a citizen candidate model with the following electoral rule. Voters rank the candidates and give their first two ranked candidates a weight of I. and all other candidates a weight of zero. The candidate with the highest total score wins the election. If more than one candidate has the highest score, a lottery determines the winner. Voters have ideal points which are uniformly distributed on the [--1, 1] interval. As is standard in the citizen-candidate model, the benefit of winning the election is b > 0 and the cost of running is c > 0. Assume that b > 2c.
(a) Show that there cannot be an equilibrium with only one candidate.
(b) Is it an equilibrium to have two candidates, both with ideal points at zero? Prove your answer.
(c) Is it an equilibrium to have two candidates, both with different ideal points which are equidistant from zero? Prove your answer.
(d) Under what conditions on b and c, if any, will three candidate with ideal points at zero be an equilibrium?
(e) Contrast the results of this model to the citizen candidate model with simple plurality rule studied in class. What accounts for the different predictions about divergence of candidate platforms.
Summary: This question belongs to political economy and discusses about a citizen candidate model with the given electoral rule and discusses equilibrium of candidates.
Total word count: 720
Download Full Solution
WHAT OUR STUDENTS SAY
I was confused with an assignment involving need-based and behavior-based employee motivation strategies when I came to pursue help from HwA. The organizational behavior assignment help experts are friendly here and they helped me with the solution and I got excellent grades.
Stella Morris Student
I am pursuing my masters in finance management from New Zealand. Even though I had an idea of most of the concepts of finance from my undergrad days, I was still looking for some guidance and help with my finance assignment. I had great results with the New Zealand finance assignment expert during my undergraduate days and let me tell you that I got the exact same quality of work for my masters assignments also
Leslie Irvine Student
I really needed help writing my power engineering assignment for my MS in Electrical Engineering program but I did not want to pay a fortune for it either. At HwA I have found the perfect solution for my power engineering assignment questions at a price that is reasonable. There is no compromise in the quality of the assignments even if they have low prices as compared to the other online assignment help providers that I have seen.
Cecilia Forrester Student
I was struggling with the deadlines of my assignments and increasingly felt at a loss with my undergrads law program at the Victoria Law College. 24 hours in a day were not enough to do the research and structure the assignment essay. At TheReliableTutor the tutors understand my deadlines and I have never had them delay.
Alison Tait Student
The topic I had selected for my dissertation required to include a report on the local markets of New South Wales. It was difficult getting help online as the data available are mostly generic and difficult to understand cohesively. Moreover, the majority of the online dissertation writing services online are located abroad somewhere in USA or UK. I was happy to see that HwA has dissertation writing helpers from not only Australia, but New South Wales itself and they cater specifically to students like us, who are from or studying in Australia.
Amelia Cairns Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.