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Elections in a Multi-Party Political System
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Theoretical Economics Letters·Volume 01 (2011)·Pages 18–20·Published 16 August 2011·DOI10.4236/tel.2011.12005
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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.
KeywordsElectionMulti-PartyMedian Voter ResultExtremist
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