Incumbency effects in political campaign
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Simon P. Anderson; Gerhard Glomm
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Article
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1992
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Springer US
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English
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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