The median voter theorem states that
A) If voters have multi-peaked preferences, all of them prefer the median ideal policy
B) If voters have single-peaked preferences, none of them prefer the median ideal policy
C) If voters have single-peaked preferences, a majority of them prefer the median ideal policy to all other policies
D) If voters have multi-peaked preferences, a majority of them prefer the median of those preferences

Question

Quizplus · Accepted Answer

The median voter theorem states that if voters have single-peaked preferences on a unidimensional issue space, the median voter's ideal policy preference will be preferred by a majority of voters over any other policy. This is because the median voter's preference is equidistant from the preferences of all voters on one side of the median, making it the most appealing compromise position. However, if voters have multi-peaked preferences, there may be more than one equilibrium point, and the median voter theorem does not apply.

The Median Voter Theorem States That