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David T Yi |
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''The effect of post-election asymmetry information possibility on pre-election policy platform choices'' |
( 2009, Vol. 29 No.4 ) |
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In this paper, we examine the effect of a possibility of post-election information asymmetry between voters and candidates on pre-election policy platform choices by candidates. We show that this possibility may lead candidates to over commit during election campaign, which may contribute to an ex post moral hazard problem. |
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Keywords: Electoral competition, Ex-post information asymmetry, Moral hazard, Policy platform choice |
JEL: D7 - Analysis of Collective Decision-Making: General
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Manuscript Received : Dec 05 2009 | | Manuscript Accepted : Dec 29 2009 |
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