62. The median voter model

The median voter model is the most widely used equilibrium model of the majority-rule-based proceedings of committees, parliaments, and democratic elections. This chapter provides an introduction to the theory, notes its strengths and weaknesses, and illustrates how models of public policy formation can be developed using that model.

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Year of publication:	2025
Authors:	Congleton, Roger D.
Published in:	Elgar encyclopedia of public choice. - Cheltenham, UK : Edward Elgar Publishing, ISBN 978-1-80220-775-0. - 2025, p. 433-440
Subject:	Medianwähler-Modell \| Median voter \| Ökonomische Theorie der Demokratie \| Economic theory of democracy

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Type of publication:	Article
Language:	English
Other identifiers:	10.4337/9781802207750.00067 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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