TITLE:
Elections in a Multi-Party Political System
AUTHORS:
Yeolyong Sung
KEYWORDS:
Election, Multi-Party, Median Voter Result, Extremist
JOURNAL NAME:
Theoretical Economics Letters,
Vol.1 No.2,
August
16,
2011
ABSTRACT: In a multi-party political system, candidates’ policy points disperse in general even with two candidates when parties have different feasible policy sets. Also, it is shown that extremists can influence the political outcomes with a relatively small feasible policy set.