On the Relevance of the Median Voter to Resource Allocation amongst Jurisdictions
Published By: GIPE on eSS | Published Date: August, 16 , 2003Allocation of local public good over three jurisdictions with individuals with heterogeneous tastes, in a model with democratic institutions and majority rule. The nature of electoral uncertainty, the expectations of individuals from government captured by their reservation utilities, and heterogeneity in tastes within a jurisdiction are observed to affect resource allocation [GIPE WP No.3].
Author(s): Santhanu Gupta | Posted on: Aug 16, 2007 | Views(2012) | Download (760)