Probabilistic voting model: Difference between revisions

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Added reference to paper, and voting model category
(Copied and adapted introductory text from w:Probabilistic voting model (revision: https://en.wikipedia.org/w/index.php?title=Probabilistic_voting_model&oldid=1042993015 ))
 
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The '''probabilistic voting theory''', also known as the '''probabilistic voting model''', is a [[voting theory]] developed by professors [[w:Assar Lindbeck]] and [[w:Jörgen Weibull]] in the article "Balanced-budget redistribution as the outcome of political competition", published in 1987 in the journal ''Public Choice'',<ref name="Lindbeck Weibull 1987 pp. 273–297">{{cite journal | last=Lindbeck | first=A. | last2=Weibull | first2=J. W. | title=Balanced-budget redistribution as the outcome of political competition | journal=Public Choice | publisher=Springer Science and Business Media LLC | volume=52 | issue=3 | year=1987 | issn=0048-5829 | doi=10.1007/bf00116710 | pages=273–297}}</ref> which has gradually replaced the [[median voter theory]], thanks to its ability to find equilibrium within multi-dimensional spaces.
 
The probabilistic voting model assumes that voters are imperfectly informed about candidates and their platforms. Candidates are also imperfectly informed about the utility preferences of the electorate and the distribution of voters' preferences.
 
Unlike the median voter theorem, what drives the equilibrium policy is both the numerositynumber and the density of social groups and not the median position of voters on a preference scale. This difference explains why social groups which have a great homogeneity of preferences are more politically powerful than those whose preferences are dispersed.
 
==References==
[[Category:Voting theory]]
<references />
 
[[Category:Voting theorymodels]]
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