General fund financing versus earmarked
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Alex Athanassakos
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Article
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1990
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Springer US
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English
โ 801 KB
This paper presents an alternative model of budgetary choices in a direct democracy. Our model is not only more consistent with the underlying assumptions of consumer theory, but also is easier to apply to the study of problems such as the impact of lump-sum subsidies, changes in the costs of produc