An Economic THeory of Democracy1957 |
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Page 80
... ment act will have , even if they know how voters ' utility incomes will be affected by every possible set of consequences . 4. They may not know how much influence any one voter has over other voters . 5. They may not know whether ...
... ment act will have , even if they know how voters ' utility incomes will be affected by every possible set of consequences . 4. They may not know how much influence any one voter has over other voters . 5. They may not know whether ...
Page 94
... ment is never willing to incur the loss of A's vote to gain the favor of B , ceteris paribus , because it has no reason to regard B as more important than A. Uncertainty destroys this net equality of influence . The govern- ment may ...
... ment is never willing to incur the loss of A's vote to gain the favor of B , ceteris paribus , because it has no reason to regard B as more important than A. Uncertainty destroys this net equality of influence . The govern- ment may ...
Page 143
... ment . In fact , voters do not directly elect the government at all ; they elect members of a legislature , who in turn choose a govern- ment by majority vote . If , as is very likely , no one party has a ma- jority in the legislature ...
... ment . In fact , voters do not directly elect the government at all ; they elect members of a legislature , who in turn choose a govern- ment by majority vote . If , as is very likely , no one party has a ma- jority in the legislature ...
Contents
vi | 19 |
Party Motivation and the Function | 21 |
CONTENTS | 29 |
Copyright | |
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abstain actually alternative ambiguous analysis assume assumption axiom basic benefits cause ceteris paribus coalition competition conclusion cost of voting decision-making definition democracy depends desire distribution of voters division of labor effect election period electorate equal equilibrium ernment example exist extremist fact favor favorite party gain goals government action government's groups hence hypothesis ideologies indifferent individual influence irrational issue J. R. Hicks Kenneth Arrow legislature majority principle marginal marginal cost maximize means ment motives multiparty system normative number of parties oligopoly opposition party outcome Paretian optimum party differential party's passionate majority platforms political parties position possible predict preferences proportional representation rational behavior rational citizen rational voter real world reason reëlected reliability social society strategy structure tion two-party system uncertainty utility functions utility incomes V. O. Key views voting decision Welfare Economics zero