Indeterminacy of Citizen-Candidate Equilibrium
In a citizen candidate equilibrium, there are n candidates each of whom announces a policy in a policy space of dimension d. Thus the policy equilibrium lives in a space of dimension nd . We show, in a canonical example, that the equilibrium manifold is generically of dimension nd . In particular, the set of equilibria contains an open set in T n .
Roemer, John E., "Indeterminacy of Citizen-Candidate Equilibrium" (2003). Cowles Foundation Discussion Papers. 1678.