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Apply Hoteling's model to the politics.If voters are uniformly distributed on a line from extreme left to extreme right, where are candidates expected to land
Apply Hoteling's model to the politics.If voters are uniformly distributed on a line from extreme left to extreme right, where are candidates expected to land on their position, in a two-party system?Do we observe this in U.S. general elections?If voter distribution is different on different issues, what do we expect to see then?What about "play to fringe in primary, pivot to the middle in general election" strategy? Is it consistent with Hoteling's model.Explain.
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