Incumbency effects in political campaign
β
Simon P. Anderson; Gerhard Glomm
π
Article
π
1992
π
Springer US
π
English
β 654 KB
In this paper we examine two effects of incumbency. First, an incumbent may have an advantage in creating a favorable image in the eyes of the voters. Second, the incumbent may have to chose a position before the challenger; this second aspect of incumbency is modelled as Stackelberg leadership. In