首页 | 本学科首页   官方微博 | 高级检索  
     


A Correction in Elementary Public Choice Geometry
Authors:Buchanan  James M.  Yoon  Yong J.
Affiliation:1. Center for Study of Public Choice, George Mason University, Fairfax, Virginia, 22030, U.S.A
Abstract:This paper corrects a long-standing errorin elementary geometrical constructionsthat involve collective choices inmultidimensional settings. The seeminglyinnocuous assumption of separability amongarguments in individual utility functionsdoes not imply symmetric indifferencecontours in shared goods space. Sharedgoods necessarily become gross substituteswhen resource or budgetary constraints areintroduced. The corrected constructionsuggests that issue-by-issue voting is lessefficacious than is indicated in theconventional analysis.
Keywords:
本文献已被 SpringerLink 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号