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A New Handbook of Political Science$
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Robert E. Goodin and Hans-Dieter Klingemann

Print publication date: 1998

Print ISBN-13: 9780198294719

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198294719.001.0001

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Political Economy: Downsian Perspectives

Political Economy: Downsian Perspectives

(p.691) Chapter 30 Political Economy: Downsian Perspectives
A New Handbook of Political Science

Bernard Grofman

Oxford University Press

Defends Down's three main arguments in An Economic Theory of Democracy. These three arguments relate to the costs associated with voting and rational non‐voting, party competition costs of attempting to attract votes away from the median voter, and the costs associated with obtaining political knowledge. These arguments can be maintained if we do not overestimate what we can expect from a theory, and consequently the contribution of rational choice and of Downs should not be minimized.

Keywords:   Anthony Downs, median voter, party competition, political knowledge, rational choice, turnout, voting

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