On the Relevance of the Median Voter to Resource Allocation amongst Jurisdictions

Allocation 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].

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Year of publication:	2007-08
Authors:	Gupta, Santhanu
Institutions:	eSocialSciences
Subject:	jurisdiction \| public finance \| democratic \| utilities \| median voter \| local public good \| reservation utility

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Institutional Papers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005699192