Strategic Behavior? It’s all in the Eye of the Beholder
Michael referred me to this Blog Entry, at Statistical Modeling, Causal Inference, and Social Science, that deals with the choices of US political parties. It links the idea of what the optimal behavior in business cycles should be to what the optimal behavior in electoral cycles should be. The blogger argues that it is in the best interest of a party to run new members when elections are expected to be in their party’s favor and to run incumbents when elections will not be in their party’s favor (since incumbency advantage will help). However, he points out that neither Democratic Continue reading Strategic Behavior? It’s all in the Eye of the Beholder