The Interpretation of Voting in the Allocation of Economic Resources

Abstract

Individual goods and social goods compared, 27. — Quantitative measurement of social goods, 28. — Ideal output of social goods, 30. — Individual voting on outputs, 32. — Individual voting on increments to existing outputs, 40. — Alternatives to voting, 42. — Distributing the cost of social goods, 44. — Social goods not equally available to all voters, 47.