Question: Does candidate 2 also select a utilitarian optimal platform? How would this result change if/ differed among voters? Although it is generally difficult to quantify
Does candidate 2 also select a utilitarian optimal platform? How would this result change if/ differed among voters? Although it is generally difficult to quantify the various dimensions of candidates'
platforms, one simple illustration is provided by "net value" platforms under which each candidate promises a unique dollar benefit (that is, value of government services less taxes paid) to each voter. For example, candidate 1 promises a net dollar benefit of 0U to each voter. The candidate is bound by a government budget constraint:
nX 0u = 0.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
