Spatial majority voting equilibria and the provision of public goods
نویسندگان
چکیده
منابع مشابه
Spatial Models, Cognitive Metrics And Majority Voting Equilibria
Longstanding results demonstrate that, if policy choices are defined in spaces with more than one dimension, a majority rule equilibrium fails to exist for a very general class of smooth preference profiles. However we show here that if agents perceive political similarity and difference in “city block” terms, then the dimension-by-dimension median can be a majority rule equilibrium even in spa...
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ژورنال
عنوان ژورنال: Journal of Urban Economics
سال: 1979
ISSN: 0094-1190
DOI: 10.1016/0094-1190(79)90035-4