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Hohaus, Bolko; Konrad, Kai A. und Thum, Marcel (1994): Too much conformity? A hotelling model of local public goods supply. In: Economics Letters, Bd. 44, Nr. 3: S. 295-299

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Abstract

This paper considers a new dimension in the choice of local public goods: quality. The quality decision that is made by median voters in a Hotelling model of product differentiation leads to too much conformity from a welfare point of view. © 1994.

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