RT Journal Article
T1 Institutional flexibility, political alternation and middle-of-the-road policies
A1 Andina-Díaz, Ascensión
A1 Feri, Francesco
A1 Meléndez-Jiménez, Miguel Ángel
K1 Democracia directa
AB This paper presents a novel explanation for political alternation in democracies, rooted in the benefit for the median voter of keeping policy from drifting too far to either extreme. Central to this argument is the idea that policy change is gradual and that this gradualism depends on the institutional flexibility/rigidity of the country. Built on this idea, we propose a model of dynamic elections and show that institutional rigidities cause alternation. We also show that, though institutional rigidities prevent governments from implementing extreme policies, they incentivize parties to polarize as much as they can. However, more flexible institutions can foster moderation. Last, we analyze the resilience of equilibrium policies to players’ impatience and discuss extensions of our model, including office-motivated parties, the cost of alternation, alternation every two terms, and asymmetric policies.
PB Elsevier
YR 2021
FD 2021-12-30
LK https://hdl.handle.net/10630/29633
UL https://hdl.handle.net/10630/29633
LA eng
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026