Results 211 to 220 of about 1,867 (254)
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2008
The median voter model has been a mainstay of empirical public finance for three decades. As far back as 1943, Bowen showed how a voting model might be used to determine the level of provision of a publicly provided good (Bowen, 1943). Later refinements of the framework provided a theoretical foundation for estimating demand functions for a wide ...
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The median voter model has been a mainstay of empirical public finance for three decades. As far back as 1943, Bowen showed how a voting model might be used to determine the level of provision of a publicly provided good (Bowen, 1943). Later refinements of the framework provided a theoretical foundation for estimating demand functions for a wide ...
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Redistribution and the income of the median voter
Public Choice, 1999The income of the median voter has been measured by median income. This measure fails to consider the income distribution of both voters and number of adults per family. Proper measures of the income of the median voter change standard results. This income is no longer less than mean income; its ratio to mean income is only slightly related to the ...
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The Mean Voter, the Median Voter, and Welfare-Maximizing Voting Weights
2014Representatives from differently sized constituencies take political decisions by a weighted voting rule and adopt the ideal point of the weighted median amongst them. Preferences of each representative are supposed to coincide with the constituency’s median voter.
Nicola Maaser, Stefan Napel
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A median-voter model of economic regulation
Public Choice, 1987A basic median-voter model is developed and extended to analyze issues of economic regulation and public policy outcomes. The model is used to generate comparative static results relating changes in public-policy outcomes to changes in relative group sizes, total population, information costs, and population heterogeneity.
Burton A. Abrams, Kenneth A. Lewis
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Fuzzy Black’s Median Voter Theorem
2014This chapter focuses on Black’s Median Voter theorem which states that the median voter’s ideal alternative will be the socially preferred to other alternatives under majority rule when the following strict conditions hold: 1) all alternatives can be strictly ordered; 2) each voter strictly prefers one alternative to all other alternatives; and 3) each
Michael B. Gibilisco +5 more
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The Weight of the Median Voter Ageing on Public Debt
SSRN Electronic Journal, 2016This paper studies the relationship between an ageing society and voter preference for financing public expenditures with debt versus income taxation. We focus on advanced economies and OECD members where ageing is relatively severe, the political process is more democratic, and economic institutions are subject to electorate scrutiny.
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Generalized median voter (GMV) rules on the single-peaked preference domain are group strategy-proof. We show that if incomplete information coexists with the ability to commit to coalitional agreements, then GMV rules can be susceptible to insincere voting by groups with heterogeneous beliefs.
Kivinen, Steven, Tumennasan, Norovsambuu
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Kivinen, Steven, Tumennasan, Norovsambuu
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Empirics of the median voter hypothesis in Japan [PDF]
Empirical Economics, 1999 This paper empirically analyses for the first time the median voter hypothesis in Japan as a means of investigating whether or not Japanese prefectural finance reflects the preference of the median voter. The hypothesis is tested by estimating the demand functions of local public goods in each prefecture.
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The Median Voter Model and Hypothesis
1999Frequent reference has been made in previous chapters to the median or representative voter. As already explained in Chapter 9, this is the voter whose preferences lie precisely in the middle of the range of preferences of all voters and are therefore decisive.
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AN EMPIRICAL TEST OF THE MEDIAN VOTER MODEL
Economic Inquiry, 1980This paper uses data at the school district level for 257 Michigan school districts to estimate the Bowen equilibrium level of expenditures in each district. The estimation uses a theoretical model of millage referenda that is developed in the paper.
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