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When outcomes of developmental projects undertaken are uncertain, ruling parties in a democracy often face a difficult choice. Taking up projects that fail result in bad publicity and hence a dent in the vote bank. But on the other hand a successful project leads to more votes as well as more money in the funds for the ruling party. In the context of a two party model of democracy with neutrals and supporters, we set up a dynamic stochastic model to explore this situation. Using numericaldoi:10.2139/ssrn.2179800 fatcat:c5uw7zqlezgq7dtyzdb5irbjpa