Nomad comments on A Voting Puzzle, Some Political Science, and a Nerd Failure Mode - Less Wrong

88 Post author: ChrisHallquist 10 October 2013 02:10AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (180)

You are viewing a single comment's thread. Show more comments above.

Comment author: PeterisP 10 October 2013 04:32:50PM 40 points [-]

There's the classic economic textbook example of two hot-dog vendors on a beach that need to choose their location - assuming an even distribution of customers, and that customers always choose the closest vendor; the equilibrium location is them standing right next to each other in the middle; while the "optimal" (from customer view, minimizing distance) locations would be at 25% and 75% marks.
This matches the median voter principle - the optimal behavior of candidates is to be as close as possible to the median but on the "right side" to capture "their half" of the voters; even if most voters in a specific party would prefer their candidate to cater for, say, the median Republican/Democrat instead, it's against the candidates interests to do so.

Comment author: Nomad 10 October 2013 05:25:58PM 2 points [-]

Gotta agree with that. I live about 5 minutes away from 3 different supermarkets within metres of each other.