Power and public goods (Q1088866)
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scientific article; zbMATH DE number 4001810
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Power and public goods |
scientific article; zbMATH DE number 4001810 |
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Power and public goods (English)
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1987
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A game-theoretic analysis using the Harsanyi-Shapley nontransferable utility value indicates that the choice of public goods in a democracy is not affected by who has voting rights. This is corroborated by an independent economic argument based on the implicit price of a vote.
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Harsanyi-Shapley nontransferable utility value
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public goods
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democracy
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0.8374882
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0.81527615
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