Question: Back to Assignment Attempts l I Do No Harm / 3 7. Special-interest issue Jake, Latasha, and Stelios are the only inhabitants of the small

 Back to Assignment Attempts l I Do No Harm / 3

Back to Assignment Attempts l I Do No Harm / 3 7. Special-interest issue Jake, Latasha, and Stelios are the only inhabitants of the small island of Took. Unfortunately, the island lacks a means of telling time. However, the inhabitants can import a public clock tower from a neighboring island at a cost of $24,000. Once purchased, nothing could prevent any of the island's inhabitants from using the clock to tell what time it is. The following table shows each individual's benefit from importing the clock tower. Individual Benefit from a Clock Jake $10,000 Latasha $6,800 Stelios $7,800 The total benefit from the clock to Tock is $24,600 V . Therefore, it is not '7 efficient for Jake, Latasha, and Stelios to purchase the clock. If the community (Jake, Latasha, and Stelios, in this case) voted on whether to divide up the cost of the clock into equal shares of $8,000 per person, one member '7 of the community would vote for this option. Latasha tries unsuccessfully to persuade Jake and Stelios that the island needs a missile defense system. During their discussion, Latasha and Jake get together and introduce a new vote. The new vote bundles two proposals: the missile defense system and the proposal to divide the cost of the clock tower into equal shares. Stelios still votes no, but Jake and Latasha vote yes due to the agreements they made during their earlier discussion to approve the missile and clock proposals simultaneously. This is an example of Bork-barrel legislation V

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