State about the median voter theorem, Business Law and Ethics

State about the Median Voter Theorem

Percentage of vote necessary for a proposal to be adopted, remember Median Voter Theorem, will affect the difficult of adopting a proposal, and in general, the larger the majority necessary, the harder will be a policy proposal to adopt. In fact, the difficultly of reaching an agreement affects the nature of proposal adopted as well as the time taken in the process. But since agents know these difficulties, as a consequence the nature of policy proposal will also be affected.

 

Posted Date: 9/30/2013 3:35:11 AM | Location : United States







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