ECON 451: Public Choice
Professor Peter Coughlin
The background reading is:
A. Feldman and R. Serrano, Welfare Economics and Social Choice Theory, 2nd edition
i) Section 2 of Chapter 8 (on pp. 162-164)
ii) From "We shall let ..." at the beginning of the last paragraph on p. 169 through "...all else equal." at the end of the last full paragraph on p. 170
iii) From "a realistic method ..." in the second sentence in Section 6 of Chapter 8 (on p. 174) through "...is greater." at the end of the 2nd-to-last paragraph on p. 174
iv) From “How is …" at the beginning of the last paragraph on p. 174 through through "...M or below." at the end of the 2nd-to-last paragraph on p. 175
The following item is a recommended reading (which supplements the background reading):
Jean
Hendriks and Gareth D. Myles,
Intermediate Public Economics, 2nd
edition, The MIT Press, 2013.
i) From the beginning of Section 6.5 on p. 156 through the end of the section on p. 159 These items are available through Course Reserves at ELMS.
ii) From the beginning of Section 11.4.3 on p. 351 through Theorem 11.3 on p. 356