Abstract
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.
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.
Original language | English |
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Pages (from-to) | 373–402 |
Journal | Theoretical Economics |
Volume | 14 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 May 2019 |