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True or False: The median-voter model explains why politicians so often stake out fringe positions that appeal only to a small segment of the electorate.

Short Answer

Expert verified

The statement is true.

Step by step solution

01

Relevance of median voter model in elections 

The median voter model says that the median voter who does not have any strong preferences for any political party decides the outcome of the elections.

It is based on the assumption that with consistent voting preferences and majority rule decisions, the decisions of the extreme voters with stronger preferences can not be altered. However, they would prefer a median solution to an opposite extreme position. Thus, the choice of the median voter dominates the election result.

02

Reason for political parties appealing to a small segment of the electorate 

Political candidates know that they do not have to worry about the voters who already have a stronger preference for their party. At the same time, they can not affect other people who have a stronger preference for other political parties. Thus, the only option left is those who hold the middle position.

Political parties appeal to these median voters and try to shift their views towards themselves by holding positions on issues that favor these median voters, who form a small segment of the electorate.

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Most popular questions from this chapter

Look back at Figures 5.2a and 5.2b, which show the costs and benefits to voters Garcia, Johnson, and Lee of two different public goods that the government will produce if a majority of voters support them. Suppose that Garcia, Johnson, and Lee have decided to have one single vote at which the funding for both of those public goods will be decided simultaneously.

a. Given the $300 cost per person of each public good, what are Garciaโ€™s net benefits for each public good individually and for the two combined? Will she vote yes or no on the proposal to fund both projects simultaneously?

b. What are Leeโ€™s net benefits for each public good individually and for the two combined? Will she vote yes or no on the proposal to fund both projects simultaneously?

c. What are Johnsonโ€™s net benefits for each public good individually and for the two combined? Will he vote yes or no on the proposal to fund both projects simultaneouslyโ€”or will he be indifferent?

d. Who is the median voter here? Whom will the two other voters be attempting to persuade?

Use your demand schedule for the public good, determined in problem 1, and the following supply schedule to ascertain the optimal quantity of this public good.

Price (\()
Qd
191
162
133
104
75
46
27
18
Price (\))Qs
1910
168
136
104
72
41
2-
1-

On the basis of the three individual demand schedules in the following table, and assuming these are the only three people in the society, determine (a) the market demand schedule on the assumption that the good is a private good and (b) the collective demand schedule on the assumption that the good is a public good.

P($)QdD1
QdD2
QdD3
8010
7020
6031
5142
4253
3364
2475
1586

โ€œMajority voting ensures that government will produce only those public goods for which benefits exceed costs.โ€ Discuss.

How does the problem of limited and bundled choice in the public sector relate to economic efficiency? Why are public bureaucracies possibly less efficient than business firms?

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