Information and targeted spending
Jon Eguia () and
Antonio Nicolo' ()
Theoretical Economics, 2019, vol. 14, issue 2
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 constituencies, which can reduce aggregate welfare.
Keywords: Local public goods; information; elections; targeted spending (search for similar items in EconPapers)
JEL-codes: H41 D72 D82 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:the:publsh:2508
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