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PUBLICCHOICE MAJORITY VOTING AND THE VOTING PARADOX: The chapter discusses the notion that predicting changes in collective decision making can be achieved by focusing on
PUBLICCHOICE
MAJORITY VOTING AND THE VOTING PARADOX:
The chapter discusses the notion that predicting changes in collective decision making can be achieved by focusing on the median voter. However the increases in median income have increased in recent years among individuals, but not so proportionately for families.
- What differences would we expect to see between the predictions of an economists looking at voting preferences of median individual income vs. median family inomce?
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