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Political Equilibrium and the Provision of Public Goods

Political Equilibrium and the Provision of Public Goods,10.1023/B:PUCH.0000044218.95007.45,Public Choice,John C. Goodman,Philip K. Porter

Political Equilibrium and the Provision of Public Goods   (Citations: 1)
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This paper treats interest groups – peoplein their role as consumers of a public goodand people in their role as taxpayers – asthe unit of account for representativevoting. Each group is allowed to make aneffort to support its preferred candidateand, at the margin, the effort-benefitratio is the political price the group iswilling to pay to secure an additionaldollar of benefits.
Journal: Public Choice , vol. 120, no. 3, pp. 247-266, 2004
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