ABSTRACT
The median voter theorem states that a majority rule voting system will select the outcome most preferred by the median voter. The theorem assumes that voters can place election alternatives along a one-dimensional spectrum. This is often not the case since each party will have its own policy on each of many issues. Similarly, in the case of a referendum, the alternatives may cover more than one issue. The theorem also assumes that voters’ preferences are singlepeaked, that is voters choose the alternative closest to their own view. The theorem also assumes that voters always vote for their true preferences which actually is not always the case. The results in this chapter were influenced by [23, 24].
