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When tax shares can be included in political platforms, there will be a bias toward more government spending. This bias is the result of the fact that demand curves slope downward. Political parties can compete for votes by offering pivotal voters lower tax shares, but when they do, a lower...
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The Davis-Hinich multidimensional model of electoral competition is the foundation for a very broad set of models in economics, political science, public choice and political economy. This essay reviews some of these models and how they build on and extend the original Davis-Hinich model. It...
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