Median voter theorem and Why it Fails in Practice

Soumyajit Pyne
Malhar Ajit Managoli
Friday, 2 Dec 2022, 16:00 to 17:00
The Median Voter Theorem (MVT) is a cornerstone of modern political science theory. It states that in a single peaked preference profile, the top choice of the median voter is the Condorcet winner. So, the dominant strategy for a candidate is to be the top choice of the median voter. However in practice, often the median voter's top choice is not the winner. To understand this we will go through the paper "Polarization, abstention, and the median voter theorem" - by Fu, Sirianni, Jones. Later I will show some generalization of the model used in that paper and analyze some computational aspects of that model.