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dc.contributor.author
Gersbach, Hans
dc.contributor.author
Imhof, Stephan
dc.contributor.author
Tejada, Oriol
dc.date.accessioned
2019-05-28T08:45:30Z
dc.date.available
2017-06-10T12:18:16Z
dc.date.available
2017-08-17T11:15:45Z
dc.date.available
2019-05-28T08:45:30Z
dc.date.issued
2012-08
dc.identifier.uri
http://hdl.handle.net/20.500.11850/61039
dc.identifier.doi
10.3929/ethz-a-007349802
dc.description.abstract
We examine how the final say in a sequence of proposals for local public project provision, financing, and redistribution can be channeled towards socially desirable outcomes, thereby breaking the dictatorial power of the last agenda-setter. Individuals are heterogeneous with some citizens benefiting from the public project (winners) and the rest losing (losers) relative to per-capita costs. Our main insight is that a simple ban on subsidies for the proposal-makers can achieve the purpose whenever the first proposal-maker is a winner and the second proposal-maker is a loser. Such a ban induces project winners to make efficient public project proposals that are however coupled with socially undesirable subsidy schemes. The best possible amendment for project losers is then to match the project proposal and to eliminate all subsidies. We further show that two-round proposal-making constitutes the minimal form of political competition yielding first-best outcomes and that restrictions on tax schemes are socially desirable.
en_US
dc.format
application/pdf
en_US
dc.language.iso
en
en_US
dc.publisher
ETH Zurich, Center of Economic Research (CER-ETH)
en_US
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
Constitutional design
en_US
dc.subject
Local public project provision
en_US
dc.subject
Subsidies
en_US
dc.subject
Majority rule
en_US
dc.title
Channeling the final say in politics
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
dc.date.published
2012
ethz.journal.title
Economics Working Paper Series
ethz.journal.volume
12/164
en_US
ethz.journal.issue
164
en_US
ethz.size
42 p.
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::330 - Economics
en_US
ethz.code.ddc
DDC - DDC::5 - Science::510 - Mathematics
en_US
ethz.code.jel
JEL - JEL::D - Microeconomics::D7 - Analysis of Collective Decision-Making::D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior
en_US
ethz.code.jel
JEL - JEL::H - Public Economics::H4 - Publicly Provided Goods::H40 - General
en_US
ethz.publication.place
Zurich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
ethz.date.deposited
2017-06-10T12:18:23Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp59366b2b5386294958
ethz.identifier.importid
imp5936502d3ee0a75535
ethz.ecolpid
eth:5905
ethz.ecitpid
pub:97398
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-19T05:11:11Z
ethz.rosetta.lastUpdated
2019-05-28T08:45:42Z
ethz.rosetta.exportRequired
true
ethz.rosetta.versionExported
true
ethz.COinS
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