Microeconomics
13th Edition
ISBN: 9781337617406
Author: Roger A. Arnold
Publisher: Cengage Learning
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Question
Chapter 18.3, Problem 1ST
To determine
Check whether the behavior of a politician is wrong or not according to the median voter model.
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Multiple choice question
Which of the following is NOT an assumption of the median voter model?
a. single-dimensional voting
b. two candidates
c. politicians have no ideology
d. money impacts elections
Explain why according to the theory of rational ignorance, an individual will decide not to participate in the election process (vote).
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