Identify in which scenarios the voter is indifferent between voting Yes or No, and in which scenarios the voter has a strict preference over voting Yes or No, given the contract offered by the lobbyist.
Prof. Casella Political Economy – W4370 Fall 2022 Problem Set 7 Due before class on Wednesday, November 30th via Gradescope Question 1. This question asks whether voting can play a role in solving free-riding problems in public good provision, and if so why. Imagine a small economy composed of three individuals, 1, 2, and 3. […]