Campaign Spending in Senate Elections: A Structural Analysis of a Two-Stage Election with Endogenous Candidate Entry

• In Event: Making Sense of Campaigns: Strategies and Responses

Brief Overview

This paper develops and estimates a two-stage game-theoretic model where candidates' participation and spending behavior is modeled as an equilibrium result from a contest with incomplete information and endogenous entry.

Author

• Jun B. Zhao, Vanderbilt University