Political Economics

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August 31, 2024 5 min read Definitions

Median Voter Theorem: Explanation and Implications

Political Economics Voting Theory Median Voter Theorem Voting Political Economy Public Choice Majority Rule

An in-depth look at the Median Voter Theorem, a fundamental result in political economics that describes how the median voter's preference dominates in a majority voting system. Includes historical context, key concepts, mathematical models, and real-world examples.

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