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Voting between tax regimes to fund a public good

✍ Scribed by Werner Güth; Rupert Sausgruber


Book ID
106274212
Publisher
Springer
Year
2007
Tongue
English
Weight
219 KB
Volume
9
Category
Article
ISSN
1435-6104

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Consider an abstract political economy which has a collective choice rule together with strategic interactions among players. We prove that there exists an equilibrium in such an economy by synthesizing an equilibrium existence theorem in generalized games by Sharer and Sonnenschein (1975) and a vot