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Bureaucrats Versus Voters: On the Political Economy of Resource Allocation by Direct Democracy

Thomas Romer1; Howard L. Rosenthal2,1,3

1 Carnegie Mellon University · 2 Hoover Institution · 3 Stanford University

Quarterly Journal of Economics 1979

I. The setter's problem under certainty and the importance of the reversion point, 565.—II. Budget-maximizing with uncertain turnout, 571.—III. Exploiting a sequence of elections, 579.—IV. Implications for empirical research, 581.—Appendix, 585.

DOI
10.2307/1884470
Volume
93 (4)
Pages
563
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