Microeconomics: Median voter outcome Thanks in advance Median voter outcome Cons

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Microeconomics: Median voter outcome

Thanks in advance

Median voter outcome Consider the race for governor of a small state. The population of the state is evenly divided between three cities Summertown, Elmswood, and Danbury. The governor's race is between Rob Rodney (the mayor of Summertown) and Tom Toolman (the mayor of Elmswood). Assume that no matter what is said during the campaign, Rodney can count on the support of 100% of the Summertown population, and Toolman can count on the support of 100% of the Elmswood population. Assume 100% voter participation. According to the result of majority-rule voting, the next governor will be the one preferred by the majority of the residents of The two candidates are asked in a debate about their support of farm subsidies. Public opinion polls in Danbury nave shown the following about the level of farm subsidies desired: 65% want a low level 20% want a medium level 15% want a high level With linear preferences, the median voter model predicts that the candidates will support a level of farm subsidies.

Explanation / Answer

1. Danbury

2. Low level

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