Hewett, Roger; Holt, Charles A.; Kosmopoulou, Georgia; … - In: Southern Economic Journal 72 (2005) 1, pp. 253-263
This classroom experiment illustrates the efficiency-enhancing property of a Tiebout system in which local public goods decisions are determined by a political process. Students are given playing cards that induce diverse preferences for expenditures on alternative public goods and are initially...