The Median Voter is King o In a democratic society, who determines what policy is chosen? Each voter has his own most preferred budget, and he always prefers outcomes closer to his most preferred value to outcomes further away o The median voter is the voter exactly in the middle of the distributionThe Median Voter is King • In a democratic society, who determines what policy is chosen? • Each voter has his own most preferred budget, and he always prefers outcomes closer to his most preferred value to outcomes further away. • The median voter is the voter exactly in the middle of the distribution