Suppose local councils spend money only on roads and clean water. The share of the expenditures for
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose local councils spend money only on roads and clean water. The share of the expenditures for clean water is α ∈[0,1]. Voter preferences are Ui = −|α−pi|, where pi is the bliss point of voter i. Suppose for men pi ∼ U[0; 0.75] (uniform distribution), whereas for women pi ∼U[0.25; 1]. There are equal shares of men and women in the population.
(a) Are these preferences single-peaked?
(b) What is the policy outcome if only men can vote?
(c) What is the policy outcome if everyone can vote?
(d) Which outcome does better represent what women want?
Posted Date: