3 ms·
in a two-party election, we're often only given options A and G, or maybe B and F, but rarely C through E. This is the exact opposite of what economic theory p
by jackpirate 7y ago
in a two-party election, we're often only given options A and G, or maybe B and F, but rarely C through E.
This is the exact opposite of what economic theory predicts and my (admittedly biased) personal observations. Consider for example Hoetelling's Law, which states that competitors naturally tend to become as similar as possible in order to extract as much value from the competition as possible: https://www.uh.edu/engines/epi2692.htm https://www.uh.edu/engines/epi2692.htm
The advantage of systems other than the two party system is precisely that they allow more diverse view points to be represented.
- smallnamespace 7y agoThat only applies when there isn't a direct payoff from being against the other side ... which is exactly what the primary process selects for.