Re: Median voter thm. Elementary question

2002-12-05 Thread AdmrlLocke
In a message dated 12/5/02 12:56:07 AM, [EMAIL PROTECTED] writes: Howdy, I've never really studied the Median Voter Theorem. Recently I read where someone claimed that the U.S. political system was designed to keep the two parties nearly identical by keeping other parties out. I assumed that

Re: Median voter thm. Elementary question

2002-12-05 Thread Fred Foldvary
--- john hull [EMAIL PROTECTED] wrote: ... So then I thought, suppose a third party were let into the race, does the MVT still hold w/ for 3 or more candidates? MVT posits a bell-shaped distribution of political views, and the parties respond to that. Think of hot-dog vendors at a beach.

RE: Median voter thm. Elementary question

2002-12-05 Thread Robson, Alex
Fred Foldvary wrote: MVT posits a bell-shaped distribution of political views. No, it doesn't. A uniform distribution works just as well. Comes a third vendor. If he is in the center, each now gets 1/3 the sales. If one vendor moves just a bit away, he gets 1/2 while the others get 1/4.

Median voter thm. Elementary question

2002-12-04 Thread john hull
Howdy, I've never really studied the Median Voter Theorem. Recently I read where someone claimed that the U.S. political system was designed to keep the two parties nearly identical by keeping other parties out. I assumed that the reason they Dems Reps seem so close may be because of the