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Meltzer-Richard Model×Median Voter Model×
Lĩnh vựcPolitical EconomyPolitical Economy
HọMCDMMCDM
Năm ra đời19811948
Người khởi xướngAllan Meltzer & Scott RichardDuncan Black & Anthony Downs
LoạiFormal model of redistribution and government sizeFormal model of electoral competition
Công trình gốcMeltzer, A. H., & Richard, S. F. (1981). A Rational Theory of the Size of Government. Journal of Political Economy, 89(5), 914-927. DOI ↗Black, D. (1948). On the Rationale of Group Decision-making. Journal of Political Economy, 56(1), 23-34. DOI ↗
Tên gọi khácMeltzer-Richard Hypothesis, Rational Theory of Government Size, Median Voter Theory of Redistribution, MR ModelMedian Voter Theorem, Black's Median Voter Theorem, Downsian Median Voter Model, Median Voter Equilibrium
Liên quan44
Tóm tắtThe Meltzer-Richard model is the canonical political-economy theory of the size of government, developed by Allan Meltzer and Scott Richard in 1981. It embeds the median voter theorem in a fiscal setting: the decisive median voter chooses a single linear (proportional) income tax rate whose revenue funds a uniform lump-sum transfer to everyone. Because income distributions are right-skewed, the median income falls below the mean, so the median voter is a net beneficiary of redistribution and votes for a positive tax. The model's central prediction is that the size of government rises with the ratio of mean to median income — and therefore with inequality — and with any extension of the franchise that lowers the decisive voter's relative income.The median voter model is a foundational result of political economy stating that, under majority rule with voters whose preferences are single-peaked on a single policy dimension, the ideal point of the median voter is the Condorcet winner — it cannot be beaten by any other alternative in pairwise majority voting. Duncan Black established the theorem formally in 1948, and Anthony Downs extended it in 1957 into a theory of party competition in which two vote-maximizing parties converge to the median voter's preferred policy. The model is the workhorse linking the distribution of citizen preferences to equilibrium policy outcomes in democracies.
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