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We present an electoral theory on the public provision of local public goods to an imperfectly informed electorate. We show that electoral incentives lead to greater spending if the electorate is not well informed. A more informed electorate induces candidates to target funds only to specific...
Persistent link: https://www.econbiz.de/10012215297
We present an electoral theory on the public provision of local public goods to an imperfectly informed electorate. We show that electoral incentives lead to greater spending if the electorate is not well informed. A more informed electorate induces candidates to target funds only to specific...
Persistent link: https://www.econbiz.de/10012022729
Persistent link: https://www.econbiz.de/10014566710
We present an electoral theory on the public provision of local public goods to an imperfectly informed electorate. We show that electoral incentives lead to the efficient provision of local public goods only if the electorate is not well informed. An informed electorate induces candidates to...
Persistent link: https://www.econbiz.de/10014157265