2018
DOI: 10.1017/s0003055418000758
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Tactical Extremism

Abstract: We provide an instrumental theory of extreme campaign platforms. By adopting an extreme platform, a previously mainstream party with a relatively small probability of winning further reduces its chances. On the other hand, the party builds credibility as the one most capable of delivering an alternative to mainstream policies. The party gambles that if down the road voters become dissatisfied with the status quo and seek something different, the party will be there ready with a credible alternative. In essence… Show more

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Cited by 21 publications
(14 citation statements)
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“…Our framework offers an explanation for why parties may instrumentally choose relatively extreme policies. In Eguia and Giovannoni (2019), a party that is sufficiently disadvantaged today may give up on a mainstream policy, and instead invest in an extreme policy; it does so not to increase its office-motivated payoffs today, but instead to gamble on a shock to voters' preferences in a subsequent election. Our explanation emphasizes that the instrumental adoption of extreme policies in the face of a likely election defeat arises not only via dynamic office-holding incentives, but also via static office-holding incentives that emphasize the value of a strong minority position.…”
mentioning
confidence: 99%
“…Our framework offers an explanation for why parties may instrumentally choose relatively extreme policies. In Eguia and Giovannoni (2019), a party that is sufficiently disadvantaged today may give up on a mainstream policy, and instead invest in an extreme policy; it does so not to increase its office-motivated payoffs today, but instead to gamble on a shock to voters' preferences in a subsequent election. Our explanation emphasizes that the instrumental adoption of extreme policies in the face of a likely election defeat arises not only via dynamic office-holding incentives, but also via static office-holding incentives that emphasize the value of a strong minority position.…”
mentioning
confidence: 99%
“…A recent and growing literature is focused on understanding the causes and effects of political extremism and populism. Among these studies, the most closely related are those by Eguia and Giovannoni (2019), who explain extremism as a tactical investment by a party into its future ability to offer an alternative to mainstream policies, and Diermeier and Li (2019), who explain polarization as an outcome of the voters’ tendencies to respond more to policy deviations by their own party. A model of populism that also considers voters’ reference-dependent preferences is provided by Panunzi et al (2020), who study an election between an incumbent and a riskier opponent and obtain in equilibrium that the risky opponent can put together a coalition of rich and economically disadvantaged voters by proposing lower taxes.…”
Section: Related Literaturementioning
confidence: 99%
“…In Acemoglu, Egorov, and Sonin (2013), policy makers choose extreme policies in order to signal that they are not captured by elites. Eguia and Giovannoni (2019) argue that electorally disadvantaged parties may invest in extremist platforms. Rodrik (2018) empirically associates populism with new issues and distributive conflicts brought about by globalization.…”
Section: Primariesmentioning
confidence: 99%