Question 12.11

11. Explain why, for a discrete distribution of voters’ ideal points and an even number of voters, there can be more than one equilibrium. Must there be more than one equilibrium? Explain.

11.

If the extended median is a single value, then there is a single equilibrium. If the extended median is not a single value, then there is more than one equilibrium.

If the extended median is a single value, then there is a single equilibrium. If the extended median is not a single value, then there is more than one equilibrium.