Abstract
A government may adopt extreme policies (policies lying outside the interval between the ideal points of the political parties) for electoral purposes. It can benefit when a change in policy is costly, and when the opposing party cannot commit to maintaining the status quo.
| Original language | English |
|---|---|
| Pages (from-to) | 1677-1685 |
| Number of pages | 9 |
| Journal | Economic Journal |
| Volume | 108 |
| Issue number | 451 |
| DOIs | |
| State | Published - 1 Jan 1998 |
ASJC Scopus subject areas
- Economics and Econometrics