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Political Equilibrium and the Provision of Public Goods

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  • John C. Goodman
  • Philip K. Porter

Abstract

This paper treats interest groups -- people in their role as consumers of a public good and people in their role as taxpayers -- as the unit of account for representative voting. Each group is allowed to make an effort to support its preferred candidate and, at the margin, the effort-benefit ratio is the political price the group is willing to pay to secure an additional dollar of benefits.

Suggested Citation

  • John C. Goodman & Philip K. Porter, 2004. "Political Equilibrium and the Provision of Public Goods," Public Choice, Springer, vol. 120(3_4), pages 247-266, September.
    • Handle: RePEc:kap:pubcho:v:120:y:2004:i:3_4:p:247-266
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    Cited by:

    1. John C. Goodman & Philip K. Porter, 2021. "Will quadratic voting produce optimal public policy?," Public Choice, Springer, vol. 186(1), pages 141-148, January.
    2. Kelly, Liam D. & Deaton, B. James, 2020. "Endogenous Institutional Change on First Nations Reserves: Selecting into the First Nations Land Management Act," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304294, Agricultural and Applied Economics Association.

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