This study develops a political competition model in which campaign platforms are partially
binding. A candidate who implements a policy that differs from his/her platform must pay a …

This paper examined a political process and economic consequences of tax competition
among asymmetric countries. Citizens are endowed with heterogeneous capital incomes …

Electoral promises help to win votes and political candidates, or parties should strategically
choose what they can deliver to win an election. Past game-theoretical studies tend to …

We consider a sequential entry model with three candidates who cannot commit to any
policy announcement during the campaign. The study focuses on how a minor candidate …

We study political competition among parties with policy-motivated candidates and
demonstrate two-party competition where one of them has no chance of winning in the …

This study examines the political process of tax competition among asymmetric countries,
highlighting the role of the commitment to the electoral promises. The median voters …

The paper considers the effect of extreme ex-post realizations of the state of the world on
implemented policies. I model a unilateral renegotiation process through which the elected …

A political party platform or program is a formal set of principal goals which are supported by
a political party or individual candidate, in order to appeal to the general public, for the …

This study offers a new explanation for the entry of third-party and independent candidates
into the US state-level elections. We argue that the economic benefits of holding an office is …

This article studies a citizen-candidate model where the entry decision is sequential rather
than simultaneous. We focus on a situation where there exist three potential candidates …