Economics, General Economics, General Economics (econ.GN)
journal:
--
date:
2023-08-10 16:00:00
Abstract
This study examines the relationship between ambiguity and the ideological positioning of political parties across the political spectrum. We identify a strong non-monotonic (inverted U-shaped) relationship between party ideology and ambiguity within a sample of 202 European political parties. This pattern is observed across all ideological dimensions covered in the data. To explain this pattern, we propose a novel theory that suggests centrist parties are perceived as less risky by voters compared to extremist parties, giving them an advantage in employing ambiguity to attract more voters at a lower cost. We support our explanation with additional evidence from electoral outcomes and economic indicators in the respective party countries.PDF: Ideological Ambiguity and Political Spectrum.pdf
