Consider Voter Preferences Over a Public Good Y That Is

question 3

Essay

Consider voter preferences over a public good y that is being funded by a proportional income tax.
a.Illustrate how this might lead to single peaked voter preferences.
b.Suppose there exists a privately available good x that is substitute for y.How does this introduce non-single peakedness?
c.Now suppose x is relatively complementary to y.What would you expect to happen to voter preferences as this complementarity gets stronger?

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Definitions:

Committed Relationship

A long-term partnership between individuals who agree to be dedicated to each other in various ways, often characterized by love, trust, and mutual respect.

Value Judgment

An assessment or opinion based on personal views about what is important or valuable in life, rather than on factual evidence.

College Students

Individuals enrolled in a higher education institution, typically pursuing undergraduate, postgraduate, or professional degrees.

Bias

A tendency, inclination, or prejudice in favor of or against one thing, person, or group compared with another, often in a way considered to be unfair.