RT info:eu-repo/semantics/workingPaper T1 The closed primaries vs. the top-two primaries A1 Amorós González, Pablo A1 Martínez Rico, Ricardo A1 Puy, Socorro A2 Economia Aplicada K1 Política K1 Sociología K1 Elecciones K1 Estados Unidos K1 Procedimiento electoral AB The top-two primary recently approved in several states in the U.S. eliminates the closed party primaries and creates instead a single ballot in which the Örst and second place winners pass to the general election. We conduct a theoretical analysis to compare the electoral consequences of the top-two primary with those of the closed primaries. Each primary procedure induces a sequential game with three stages: candidate-entry stage, primary election, and general election. We analyze the equilibria of these games and show that the top-two primary contributes to political moderation. In particular, when the median voter is an extremist, the closed primaries always generate an extreme winner and yet the top-two primary can generate an equilibrium with a moderate winner. Further- more, when the median voter is a moderate but his/her partyís median partisan is an extremist (and some additional mild conditions hold), the closed primaries always generate an extreme winner while the top-two primary always generates a moderate winner. We also show that the top-two primary may increase the number of swing states since, in certain cases, the party-affiliation of the winner under the top-two primary may not coincide with the party affiliation of the median voter YR 2016 FD 2016-06-03 LK http://hdl.handle.net/10612/5226 UL http://hdl.handle.net/10612/5226 DS BULERIA. Repositorio Institucional de la Universidad de León RD 16-abr-2024