On the Relevance of the Median Voter to Resource Allocation amongst Jurisdictions

Santhanu Gupta

Working Papers from eSocialSciences

Abstract: Allocation of local public good over three jurisdictions with individuals with heterogeneous tastes, in a model with democratic institutions and majority rule. The nature of electoral uncertainty, the expectations of individuals from government captured by their reservation utilities, and heterogeneity in tastes within a jurisdiction are observed to affect resource allocation [GIPE WP No.3].

Keywords: jurisdiction; public finance; democratic; utilities; median voter; local public good; reservation utility (search for similar items in EconPapers)
Date: 2007-08
Note: Institutional Papers
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