public Economics public finanace and public policy
Posted: Sun Jun 05, 2022 4:47 pm
public Economics
public finanace and public policy
Let G be the number of hours of police patrolling in a community. Consider three individuals with G² the following preferences: U₁=UB=2-G¹/4; Uc = G 2 a. If the government is choosing G from the range 0 ≤ G ≤ 2, what is the majority voting outcome? What theorem has been used? b. If C's preference changes to Uc = 2²- G, how does your answer to part (a) change?
public finanace and public policy
- Public Economics Public Finanace And Public Policy 1 (28.31 KiB) Viewed 56 times