2019
DOI: 10.3982/te2508
|View full text |Cite
|
Sign up to set email alerts
|

Information and targeted spending

Abstract: We present an electoral theory on the public provision of local public goods to an imperfectly informed electorate. We show that electoral incentives lead to greater spending if the electorate is not well informed. A more informed electorate induces candidates to target funds only to specific constituencies, which can reduce aggregate welfare.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3

Citation Types

0
4
0

Year Published

2019
2019
2024
2024

Publication Types

Select...
6

Relationship

0
6

Authors

Journals

citations
Cited by 6 publications
(4 citation statements)
references
References 51 publications
0
4
0
Order By: Relevance
“…In our model, parties' strategic actions affect the salience of platforms versus advertising, and hence voters in the society split among those casting votes either in an informed or uninformed manner. Therefore, although very different in nature, our model links with recent literature where some voters may be partially informed regarding parties' policy proposals (Aragonès and Xefteris, 2017;Eguia and Nicolò, 2018). Finally, our model contributes to the contest theory literature (see Corchón (2007); Konrad (2009); Serena and Corchón (2018) for surveys) since parties compete for a share of impressionable voters as if they were competing in a Tullock contest (with the "noise" of the latter capturing the effectiveness of electoral advertising).…”
Section: Related Literaturementioning
confidence: 76%
“…In our model, parties' strategic actions affect the salience of platforms versus advertising, and hence voters in the society split among those casting votes either in an informed or uninformed manner. Therefore, although very different in nature, our model links with recent literature where some voters may be partially informed regarding parties' policy proposals (Aragonès and Xefteris, 2017;Eguia and Nicolò, 2018). Finally, our model contributes to the contest theory literature (see Corchón (2007); Konrad (2009); Serena and Corchón (2018) for surveys) since parties compete for a share of impressionable voters as if they were competing in a Tullock contest (with the "noise" of the latter capturing the effectiveness of electoral advertising).…”
Section: Related Literaturementioning
confidence: 76%
“…The two most closely related papers to ours from this literature are Eguia and Nicolò [32] and Gavazza and Lizzeri [33]. In Eguia and Nicolò [32], the authors consider a similar model where each group of voters is potentially uninformed about policies targeting other groups, but are informed about policies targeting their own group. Candidates' platforms may be fully revealed to all voters by some exogenously determined process.…”
Section: Relevant Literaturementioning
confidence: 99%
“…The ability to strategically share partial information with voters is the crucial driver of our results. Gavazza and Lizzeri [33] share the information structure of Eguia and Nicolò [32] but in a model where transfers are always inefficient. We share their conclusion that more information improves efficiency, but differ in our focus on endogenizing the information available to voters.…”
Section: Relevant Literaturementioning
confidence: 99%
“…In electoral competition literature, several papers apply the solution concept of perfect Bayesian equilibrium (PBE) instead of SE (see, for example, Callander and Wilkie, ; Eguia and Nicolò, ). We note here that the arguments presented in Remark prove that when ρ>1min{ffalse(x1false),ffalse(xnfalse)}, the unique SE of the game is also the unique PBE of the game.…”
mentioning
confidence: 99%