median voter theorem essay Papers and essays by annamaria prati menu skip to content home about best books list papers translations is trump pulling the gop right a median voter theorem discussion aprati / august 5, 2015 i thought it would be fun to apply a little median voter theorem.
{"Image DocumentName": "Example of the Median Voter Theorem", "Image ImageDescription": "The median voter prefers a budget of  50 billion. Preferred govt budget (billions) Why  50 is the median choice: At least 50% of voters want a budget no larger than  50 billion, and at least 50% of voters want a budget no smaller than  50 billion. Why  40 would win a two-way race between  40 and  70: Each voter chooses the option that is closest to his or her own preferred budget.  40 would be chosen by voters that prefer anything between  20 and  50, and such voters comprise 60% of the electorate.  70 would be chosen by voters who prefer  60,  70, or  80, and such voters comprise only 40% of the electorate. The choice closest to  50 will win any two-way race. Suppose the choices are  40 and  70.  40 will win, even though more voters prefer  70! FRONTIERS OF MICROECONOMICS", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}