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Voting over the Size of Government
Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
1985 (English)Report (Other academic)
Abstract [en]

This paper studies the provision of a public good from three points of view: (i) The maximum level of production of the public good consistent with a Pareto optimum, (ii) The level of production of the good maximizing a social welfare function, and (iii) The level of production of the public good that will be the result of a democratic system with majority voting. The paper analyzes how these three levels of production differ from each other.

Place, publisher, year, edition, pages
Stockholm: IIES , 1985. , 36 p.
Series
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 318
National Category
Economics
Identifiers
URN: urn:nbn:se:su:diva-41343OAI: oai:DiVA.org:su-41343DiVA: diva2:329541
Available from: 2010-07-12 Created: 2010-07-12 Last updated: 2010-07-12Bibliographically approved

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fulltext(4447 kB)113 downloads
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File name FULLTEXT01.pdfFile size 4447 kBChecksum SHA-512
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Type fulltextMimetype application/pdf

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CiteExportLink to record
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Output format
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