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A Signaling Explanation for Political Parties and Advertisements
Theoretical Economics Letters
This study examines the signaling roles of political parties and political advertising. Although politicians' types are unobservable during an election, their party affiliations and political advertisements are observable to the voters. Through these two political behaviors, politicians can reveal their hidden types to the public. We extend Snyder and Ting  to a multi-period model with the possibility of reelection and examine the roles and relationships of political parties anddoi:10.4236/tel.2018.83018 fatcat:mdvgfhmofvemxhm4efed4ea2zi