For some analysts, such as Joseph Schumpeter, "… democracy suggests that people have a possibility to accept or reject those who govern them”. In this context, democracy, as an "institutional arrangement", means that elected offices are fulfilled through competition for votes of the people who elect their representatives in the government institutions led by specific political and other interests. This approach is based on the theory of “competitive elitism”, which stresses the significance of elite rivalry. It is also associated with the “realistic” model of democracy, developed by Anthony Downs (1957) in the” economic theory of democracy”. He sees politicians as entrepreneurs, fighting on the political market for governmental power, and voters as consumers, voting for those who reflect their interests.