In Figure 13.1, suppose that Voter 5 comes to value the public good even more than before.
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In Figure 13.1, suppose that Voter 5 comes to value the public good even more than before. Will there be an increase in the amount provided through the median voter model of the voting process? Why or why not? Suppose that Voter 5 can bribe one of the other voters to change his or her preferences. Which one will Voter 5 approach?
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Related Book For 
The Economics Of Health And Health Care
ISBN: 9781138208049
8th Edition
Authors: Sherman Folland, Allen C. Goodman, Miron Stano
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