median voter theorem

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The median voter theorem is a principle in political science and economics stating that in majority-rule elections with single-peaked preferences, candidates or parties tend to converge on the policy position preferred by the median voter.

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Statements (48)

Predicate Object
instanceOf result in social choice theory
theorem in political science
theorem in public choice theory
assumes candidates are office-motivated
complete information about voter preferences
full voter participation or fixed electorate
majority rule voting
sincere voting
single-peaked preferences
two candidates or parties
unidimensional policy space
conclusion candidates converge to median voter position
median voter is decisive under majority rule
policy outcome equals ideal point of median voter
coreConceptOf Downsian model of electoral competition NERFINISHED
spatial models of voting
criticizedFor ignoring ideological or policy-motivated candidates
limited empirical support in some contexts
oversimplifying voter preferences
describes equilibrium policy choice under majority rule
field economics
political science
public choice
social choice theory
hasKeyConcept Nash equilibrium in platforms
ideal point
median voter
policy space
implies centripetal competition in two-party systems
extreme platforms are not stable under majority rule
moderate policies in equilibrium
limitation may fail with more than two serious candidates
may fail with multidimensional policy spaces
may fail with non-single-peaked preferences
sensitive to strategic voting
sensitive to turnout differences
relatedTo Arrow’s impossibility theorem NERFINISHED
Black’s median voter result
Condorcet winner NERFINISHED
Hotelling–Downs model NERFINISHED
single-peaked preference domain
usedIn analysis of electoral competition
analysis of party positioning
direct democracy analysis
local public finance
models of redistribution
models of representative democracy
public economics

Referenced by (1)

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Hotelling’s law relatedTo median voter theorem