Median voter theorem
Theorem in political science
Theorem in political science
In political science and social choice, Black's median voter theorem says that if voters and candidates are distributed along a one-dimensional political spectrum, any Condorcet consistent voting method will elect the candidate preferred by the median voter. The median voter theorem thus shows that under a realistic model of voter behavior, Arrow's theorem does not apply, and rational choice is possible for societies. The theorem was first derived by Duncan Black in 1948, and independently by Kenneth Arrow. Similar median voter theorems exist for rules like score voting and approval voting when voters are either strategic and informed or if voters' ratings of candidates fall linearly with ideological distance. An immediate consequence of Black's theorem, sometimes called the Hotelling-Downs median voter theorem, is that if the conditions for Black's theorem hold, politicians who only care about winning the election will adopt the same position as the median voter. However, this strategic...
Open boosters, collect cards and trade them. Free to play.
Play for free