Transcript

00:01 |

Opening credits
00:29 |

Introduction
2:50 |

The median voter model
Assumptions for better understanding
8:17 |

The election process
- Diagram of median voter model
- Moving platforms by the democrat candidate
- Moving platforms by the republican candidate
- Movement of platforms by democrats
- Movement of platforms by republicans
- Political competition
- All candidates tend to look alike
- Extreme candidates can't win elections
- The equilibrium number of parties is two
- Parliamentary systems can have many parties
- Difference between the german and the american system
38:02 |

Conclusion of the median voter model
- Unique stable solution
- Transaction costs are important in politics
- High and low cost transactions
- A legislature will tend to pick the outcome with the highest value to its members
56:11 |

Conclusions
58:47 |

Final credits

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Democratic Elections

New Media | 12 de marzo de 2003 | Vistas: 3966

References

Centro para el Análisis de las Decisiones Públicas, here

About the interuniversity seminars

Credits

Democratic Elections (Elecciones democráticas)
I Seminario Interuniversitario Economía para la Política
Randall Holcombe

Universidad de San Carlos de Guatemala
Guatemala, March 12, 2003

Produced by New Media - UFM. Guatemala, March 12th, 2003
Camera: Jose Cordón; digital editing: Sergio Miranda; index: Inés Zúñiga; XML: Fernando De León

Conferencista

Randall Holcombe

Economist, author and professor

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First Tuesday UFM: Ejercitando el liderazgo | Diego Santizo

06 de febrero de 2024

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¿Son justos los precios del concierto de Bad Bunny? | Daniel Fernández | UFM Talks

24 de febrero de 2022

Daniel Fernández

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IDEAS DE LA LIBERTAD

Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín

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Soberanía y libertad individual

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Ricardo Rojas: Qué fue primero, ¿la moral o las costumbres? | UFM

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Antonio Saravia: Las falsas promesas del socialismo

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The Effects and Benefits of Immigration

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UFM TALKS: El poder creador de la sociedad libre con Alberto Benegas-Lynch (h)

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Raúl Bravo: Ideas para liberar al Perú