Under majority rule the median voter dictates the level of political insulation.

Evidence

Proposition 6 allows some interesting discussion concerning the political economy of Constitutional writing. Suppose, for instance, that the Constitution is decided by majority rule. In this case, the median voter, εm = (ε+ε)/2, would prevail and impose his most preferred level of insulation, i.e. M∗ m. — Philippe Aghion, Alberto Alesina, and Francesco Trebbi, Endogenous Political Institutions, 146

Categorization

• XREF: Directly connects to median voter theorem and to the design of independent central banks or insulated agencies.