Abstract:Political parties face a crucial trade-off between electoral and partisan goals: should they put electoral goals first, pursuing the policies they think will win them the most votes in the next election, or should they put partisan goals first, pursuing the policies their members, activists, and most loyal voters prefer? In this paper we argue that main political parties make different choices depending on the information environment they are in. They have strong incentives to follow the median voter when the … Show more
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