Chapter 18: Problem 14
What are some reasons people might find acquiring information about politics and voting rational, in contrast to rational ignorance theory?
Chapter 18: Problem 14
What are some reasons people might find acquiring information about politics and voting rational, in contrast to rational ignorance theory?
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Get started for freeWhy do legislators vote for spending projects in districts that are not their own?
Say that the government is considering a ban on smoking in restaurants in Tobaccoville. There are 1 million people living there, and each would benefit by \(\$ 200\) from this smoking ban. However, there are two large tobacco companies in Tobaccoville and the ban would cost them \(\$ 5\) million each. What are the proposed policy's total costs and benefits? Do you think it will pass?
Why might legislators vote to impose a tariff on Egyptian cotton, when consumers in their districts would benefit from its availability?
How is it possible to bear a cost without realizing it? What are some examples of policies that affect people in ways of which they may not even be aware?
How does a government agency raise revenue differently from a private company, and how does that affect the way government makes decisions compared to business decisions?
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