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Evaluating the median voter model's explanatory power

Title data

Stadelmann, David ; Portmann, Marco ; Eichenberger, Reiner:
Evaluating the median voter model's explanatory power.
In: Economics Letters. Vol. 114 (2012) Issue 3 . - 312 - 314.
ISSN 0165-1765
DOI: https://doi.org/10.1016/j.econlet.2011.10.015

Abstract in another language

We match individual senators' voting behavior on legislative proposals with 24 real referendum decisions on exactly the same issues with identical wording. This setting allows us to evaluate the median voter model's quality with revealed constituents' preferences. Results indicate a limited explanatory power of the median voter model: It explains 17.6 points more than random voting and that a senator's probability to accept a proposal in parliament increases on average by 8.4 points when the district median voter accepts the proposal.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: DECISION making; PROBABILITY theory; MATHEMATICAL models; VOTERS; REFERENDUM; Elections
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Professorship Development Economics > Professorship Development Economics - Univ.-Prof. Dr. David Stadelmann
Profile Fields > Emerging Fields > Innovation and Consumer Protection
Profile Fields > Emerging Fields > Governance and Responsibility
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics > Professorship Development Economics
Profile Fields
Profile Fields > Emerging Fields
Result of work at the UBT: No
DDC Subjects: 300 Social sciences > 320 Political science
300 Social sciences > 330 Economics
Date Deposited: 01 Dec 2014 10:10
Last Modified: 26 Apr 2018 12:18
URI: https://eref.uni-bayreuth.de/id/eprint/3313