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ECONOMY

Weingast - Wittman (eds) - Handbook of Political Ecnomy

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stephen ansolabehere 35<br />

data to “test” the spatial theory. A number of odd results in the literature, such<br />

as directional voting (Rabinowitz and MacDonald 1989) or asymmetries in spatial<br />

perceptions (Brady and Sniderman 1985), may result from the assumed positions of<br />

the candidates in survey research analyses or the assumption that the indifferent voter<br />

is the one midway between the candidates.<br />

Stokes’s assertion that valence issues matter, thus, seems correct and correctable.<br />

Inclusion of a valence term can capture assessments of candidate competence, integrity,<br />

and performance. This simple generalization of voter preferences, however,<br />

surely changes the incentives facing candidates and parties, and, therefore, what<br />

positions candidates ought to take in equilibrium. The question of candidate positioning<br />

represents an even more significant empirical challenge to the spatial theory<br />

of elections, and one to which I now turn.<br />

2 Why Do Candidates Diverge?<br />

.............................................................................<br />

The median voter theorem is perhaps the single most important theoretical result in<br />

modern political science. It is simple and elegant; it is widely applied to the study of<br />

elections and government; and, by most accounts, it is false.<br />

In a two-candidate election or two-party system, the simple spatial model predicts<br />

that the competing candidates will promise the same policy—that preferred most by<br />

the median voter. The settings most likely to approximate the assumptions of this<br />

theory are the US Congress and presidency and the UK Parliament. Extensive studies<br />

of British and American elections find that the parties in fact take divergent positions,<br />

and neither party represents the median voter’s ideal policy. 7<br />

Political economists take the median voter theorem the same way many biologists<br />

view the Hardy–Weinberg Law. The strong empirical prediction is almost surely<br />

wrong and, as a result, one of the basic assumptions is incorrect. The challenge is<br />

to find the factor or factors that explain divergence.<br />

Many explanations have been offered—including primary elections, incumbency<br />

advantages, political parties, uncertainty and risk aversion, interest group contributions,<br />

candidates’ personal preferences, election laws, and potential third parties. I<br />

will discuss four of these explanations here.<br />

⁷ An important literature in political science examines the policy positions of the parties and their<br />

candidates in the US House of Representatives. One line examines the roll call votes of candidates who<br />

have served in the House and run against each other, as happens when one candidate beats an<br />

incumbent (Fiorina 1974; Ansolabehere, Snyder, and Stewart 2001). The second line examines surveys of<br />

candidates for office (Erikson and Wright 1997; Ansolabehere, Snyder, and Stewart 2001). While both<br />

face sample selection problems, they show very similar patterns. There is a large gap between the average<br />

Democratic candidate and the average Republican candidate overall, and the candidates competing with<br />

each other within a given district almost always take different positions, with the Democrat on the left<br />

and the Republican on the right.

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