ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
4th Edition
ISBN: 9781285423548
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 16, Problem 2.5PA
To determine
whether the media voter gets his/her most preferred outcome always.
Concept Introduction:
There exists a theorem of median voters that states that “a majority rule voting system will select the outcome most preferred by the median voter". The concept of median voters carry a theorem as stated above. The median voter concept explains why politicians follow the same pattern of campaigning and platforms to prove their thoughts rather to win the majority votes they must focus on the median voter.
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Chapter 16 Solutions
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
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