• Author/Authors

    Warziniack، نويسنده , , Travis، نويسنده ,

  • DocumentNumber
    3541191
  • Title Of Article

    Efficiency of public goods provision in space

  • شماره ركورد
    3180
  • Latin Abstract
    This article incorporates a political decision process into an urban land use model to predict the likely location of a public good. It fills an important gap in the literature by modeling the endogenous location of open space. The article compares open space decisions made under a majority rules voting scheme with welfare-improving criterion and finds households tied to a location in space compete for public goods. Significant differences emerge between the two decision criteria, indicating that requiring referenda for open space decisions is likely to lead to inefficient outcomes. Specifically, many open space votes are likely to fail that would lead to welfare improvements, and any open space decisions that do pass will require amenities larger than needed to achieve the social optimum. The more dispersed and large the population, the larger the gap between the socially efficient level and the level needed for a public referendum to pass.
  • From Page
    1723
  • NaturalLanguageKeyword
    open space , Voting , Land use , Referendum , Spatial economics
  • JournalTitle
    Studia Iranica
  • To Page
    1730
  • To Page
    1730