Chapter 18: Problem 10
How can pork-barrel spending occur in a situation of majority voting when it benefits only a small group?
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Chapter 18: Problem 10
How can pork-barrel spending occur in a situation of majority voting when it benefits only a small group?
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What are some alternatives to a 鈥渇irst past the post鈥 system that might reduce the problem of voting cycles?
Say that the government is considering a ban on smoking in restaurants in Tobaccoville. There are 1 million people living there, and each would benefit by \(200 from this smoking ban. However, there are two large tobacco companies in Tobaccoville and the ban would cost them \)5 million each. What are the proposed policy's total costs and benefits? Do you think it will pass?
How does a government agency raise revenue differently from a private company, and how does that affect the way government makes decisions compared to business decisions?
When Microsoft was founded, the company devoted very few resources to lobbying activities. After a high-profile antitrust case against it, however, the company began to lobby heavily. Why does it make financial sense for companies to invest in lobbyists?
Why does a voting cycle make it impossible to decide on a majority-approved choice?
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