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Keywords: Nash equilibrium
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Journal of Political Institutions and Political Economy (2022) 3 (3-4): 273–293.
Published: 01 December 2022
... to the overall median is maintained as long as polarization remains below a “Downsian ceiling,” but beyond that ceiling, ever more divergent party strategies are optimal. These Nash equilibrium locations can be much closer to the medians of the respective party bases than to the overall median of the electorate...
