CASAMATTA, GEORGES; PAOLI, CAROLINE DE - In: Journal of Public Economic Theory 9 (2007) 6, pp. 1103-1126
We consider a dynamic setting with no policy commitment. Two parties that compete for election must choose the level of provision of a public good as well as the tax payment needed to finance it. The cost of producing the good may be high or low and this information is not known to the voters....