Question: List and fully explain why a perfect direct election for of democracy can not be counted on to yield a socially optimal amount of a

List and fully explain why a "perfect" direct election for of democracy can not be counted on to yield a socially optimal amount of a public good. List and fully explain why a democracy of the form that we have in the US is even less likely to achieve that result.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!