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The existing model of political competition is extended to allow voters to live in different regions and to migrate between regions in response to an inter-regional transfer policy. We then show that regions have a different "weight" in the expected vote function of political parties. This gives...
Persistent link: https://www.econbiz.de/10005809478
Persistent link: https://www.econbiz.de/10010863796
Methods of demand theory are applied to the problem of the existence of a social welfare function under specific public choice algorithms. Integrability conditions, necessary for the derivation of social demand functions from utility maximization, are used. The social choice function, which...
Persistent link: https://www.econbiz.de/10010863843