Economics 1st Edition by Dean Karlan,Jonathan Morduch

تمرين 3

Suppose we are trying to predict the positions that three candidates will take on who should be eligible for public-housing subsidies (e.g., poor families, the elderly, poor families with children, and so on). Can we use the median-voter theorem to analyze this problem? Explain why or why not, based on which of the assumptions of the median-voter theorem are met by this situation.