How do rationally ignorant voters and budget maximizing bureaucrats prevent the political marketplace from delivering the efficient

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How do rationally ignorant voters and budget maximizing bureaucrats prevent the political marketplace from delivering the efficient quantity of a public good?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:25 AM

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How do rationally ignorant voters and budget maximizing bureaucrats prevent the political marketplace from delivering the efficient

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If the marginal benefit to the voter of becoming well informed a...View the full answer

Microeconomics

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