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The voting mechanism and market allocation: A note

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  • Gabszewicz, Jean J.
  • Van Ypersele, Tanguy

Abstract

An example is provided identifying a case of inefficiency arising from the interplay of the voting mechanism and the market mechanism.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Gabszewicz, Jean J. & Van Ypersele, Tanguy, 1996. "The voting mechanism and market allocation: A note," European Journal of Political Economy, Elsevier, vol. 12(4), pages 723-727, December.
    • Handle: RePEc:eee:poleco:v:12:y:1996:i:4:p:723-727
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    References listed on IDEAS

    as
    1. Gabszewicz, J. J. & van Ypersele, T., 1996. "Social protection and political competition," Journal of Public Economics, Elsevier, vol. 61(2), pages 193-208, August.
    2. Shepsle, Kenneth A. & Weingast, Barry R., 1984. "Political Solutions to Market Problems," American Political Science Review, Cambridge University Press, vol. 78(2), pages 417-434, June.
    3. Mayer, Wolfgang, 1984. "Endogenous Tariff Formation," American Economic Review, American Economic Association, vol. 74(5), pages 970-985, December.
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