๐”– Bobbio Scriptorium
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Majority rule and the public provision of a private good

โœ Scribed by Miguel Gouveia


Book ID
110367199
Publisher
Springer US
Year
1997
Tongue
English
Weight
180 KB
Volume
93
Category
Article
ISSN
0048-5829

No coin nor oath required. For personal study only.


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โœ R. B. Morton ๐Ÿ“‚ Article ๐Ÿ“… 1987 ๐Ÿ› Springer ๐ŸŒ English โš– 775 KB

A model of public good provision by majority rule selection incorporating the behavior of rational group voting is formulated. Two probability maximizing candidates are assumed. If voters are risk averse in public sector preferences, then a unique symmetric (both candidates offering identical platfo