Voting over the Size of Government
1985 (English)Report (Other academic)
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.
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 318
IdentifiersURN: urn:nbn:se:su:diva-41343OAI: oai:DiVA.org:su-41343DiVA: diva2:329541