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dc.contributor.authorFeigenbaum, Jamesen_US
dc.contributor.authorShelton, Cameron A.en_US
dc.date.accessioned2018-02-05T19:38:49Z
dc.date.available2018-02-05T19:38:49Z
dc.date.issued2013
dc.identifier.citationJ Feigenbaum, CA Shelton. 2013. "The Vicious Cycle: Fundraising and Perceived Visibility in US Presidential Primaries." Quarterly Journal of Political Science, Volume 8, Issue 1, pp. 1 - 40.
dc.identifier.issn1554-0634
dc.identifier.urihttps://hdl.handle.net/2144/26703
dc.description.abstractScholars of presidential primaries have long posited a dynamic positive feedback loop between fundraising and electoral success. Yet existing work on both directions of this feedback remains inconclusive and is often explicitly cross-sectional, ignoring the dynamic aspect of the hypothesis. Pairing high-frequency FEC data on contributions and expenditures with Iowa Electronic Markets data on perceived probability of victory, we examine the bidirectional feedback between contributions and viability. We find robust, significant positive feedback in both directions. This might suggest multiple equilibria: a candidate initially anointed as the front-runner able to sustain such status solely by the fundraising advantage conferred despite possessing no advantage in quality. However, simulations suggest the feedback loop cannot, by itself, sustain advantage. Given the observed durability of front-runners, it would thus seem there is either some other feedback at work and/or the process by which the initial front-runner is identified is informative of candidate quality.en_US
dc.format.extent1 - 40en_US
dc.publisherNow Publishers Inc.en_US
dc.relation.ispartofQuarterly Journal of Political Science
dc.rights© 2013 J. J. Feigenbaum and C. A. Sheltonen_US
dc.subjectPolitical scienceen_US
dc.subjectUnited States presidential primariesen_US
dc.titleThe vicious cycle: fundraising and perceived visibility in US presidential primariesen_US
dc.typeArticleen_US
dc.identifier.doi10.1561/100.00011094
pubs.elements-sourcemanual-entryen_US
pubs.notesEmbargo: 12 monthsen_US
pubs.organisational-groupBoston Universityen_US
pubs.organisational-groupBoston University, College of Arts & Sciencesen_US
pubs.organisational-groupBoston University, College of Arts & Sciences, Department of Economicsen_US
pubs.publication-statusPublisheden_US
dc.identifier.orcid0000-0002-1625-2021 (Feigenbaum, J)


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