It is competition for the ability to shape and control the content and direction of public policy--rivalry for the capacity to influence or determine official governmental decisionmaking and action on questions of public policy. Merriam-Webster gives as one definition of competition (relating to business) as "[...] rivalry: such as [...] the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms".
Political competion is competition for political power. Competition definition is - the act or process of competing : rivalry: such as.

Assuming only the distribution of voter preferences and the endowments of the population, he deduces the nature of the parties that will form. How to use competition in a sentence.

Political rivals who fail to serve the public would be replaced by new competitors who do.


But competition officials need to speak on behalf of competition and make clear that we are not making our decisions on the basis of extraneous factors--cultural, environmental, labor or otherwise political.

The structure of the politics industry … The political industrial complex expands and grows, but the nation fails to progress. Later microeconomic theory distinguished between perfect competition and imperf… Competition agencies need to tell politicians when we think competition would demand a different answer in the political process. Instead, today’s political competition is unhealthy competition in which rivals are entrenched, insulated from the pressures to serve customers better, and protected from new competition. Political Competition-- Definition: Political competion is competition for political power. Competition policy, public policy aimed at ensuring that competition is not restricted or undermined in ways that are detrimental to the economy and society. Adam Smith in his 1776 book The Wealth of Nations and later economists described competition in general as allocating productive resources to their most highly valued uses and encouraging efficiency. Parties compete with one another. When internal bargaining is combined with external competition, a natural equilibrium emerges, which Roemer calls party-unanimity Nash equilibrium. It is competition for the ability to shape and control the content and direction of public policy--rivalry for the capacity to influence or determine official governmental decisionmaking and … It is predicated upon the idea that competitive markets are central to investment, efficiency, innovation, and growth. Regulatory competition, also called competitive governance or policy competition, is a phenomenon in law, economics and politics concerning the desire of lawmakers to compete with one another in the kinds of law offered in order to attract businesses or other actors to operate in their jurisdiction.