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Median Voter Model

The median voter model has proven to be a useful working hypothesis of how public school budgets are determined. Specifically, this model, derived from formal political theory, predicts that under certain circumstances two candidates competing for elective office will converge to identical policy positions. These are the positions preferred by the median voter—that is, the voter whose preferences are exactly in the middle of the distribution of all preferences. In the realm of government spending, the model predicts that the winning expenditure level would be the median of the various expenditure levels most preferred by individual voters. In empirical work, economists have adopted the median voter framework and identified the median voter as the voter with median income and facing the median tax price ...

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