Work

How does political uncertainty affect the optimal degree of policy divergence?

Year: 2025
Type: article
Abstract: We examine how the optimal degree of policy divergence between two policy platforms in an election is affected by two types of aggregate uncertainty: policy-related and candidate-specific. We show that when the candidate-specific uncertainty is sufficiently large, policy convergence becomes optimal. We also show that when these two types of uncertainty co-exist, only purely office-motivated parties result in policy convergence, in other words, any level of policy motivation of parties results in some policy divergence, making policy motivation undesirable when candidate-specific uncertainty is sufficiently large.
Language: English
Open Access status: hybrid
Estimated APC paid: $2,890
OpenAlex ID: W4409479487
FWCI:
Cites: 29
Cited by:
Related to: 10