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The Voting Mechanism and Market Allocation : A Note



    () (CORE, Université catholique de Louvain, B-1348 Louvain-la-Neuve, Belgium)

  • VAN YPERSELE , Tanguy

    (CORE, Université catholique de Louvain, B-1348 Louvain-la-Neuve, Belgium)


An example is provided identifying a case of inefficiency arising from the interplay of the voting mechanism and the market mechanism.

Suggested Citation

  • GABSZEWICZ, Jean J. & VAN YPERSELE , Tanguy, 1995. "The Voting Mechanism and Market Allocation : A Note," CORE Discussion Papers 1995017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvco:1995017

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    References listed on IDEAS

    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. repec:cup:apsrev:v:78:y:1984:i:02:p:417-434_25 is not listed on IDEAS
    3. Mayer, Wolfgang, 1984. "Endogenous Tariff Formation," American Economic Review, American Economic Association, vol. 74(5), pages 970-985, December.
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