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It is possible to distribute so that all voters will win. We will consider, forExample, benefits and the costs of voters connected with a construction of road:
it20.005.0012.50
it12.005.007.50
it4.005.002.50
it2.005.001.25
it2.005.001.25
it$40.00$25.00$25.00
The project manages in 25 dollars and brings in to voters incomes in 40 dollars
As incomes exceed costs, the project is favourable. If Project cost to distribute between voters fifty-fifty (variant),
Adams and Brown will win, and Green, Johns and Smith will lose. Value of the project
For each of these three more low, than their costs equal of 5 dollars If
The destiny of the project dared by a majority of votes, it would be rejected, therefore
What is three (from five) voters would vote against it. Let's look that will occur, if costs are distributed as in a variant 6. In this case Adam pays half (12.5 dollars) total sum of costs In 25 dollars according to its share (20 dollars) in total incomes (40 Dollars); the others also pay to incomes proportionally received by them. At Such variant of financing of costs all participants of the project appear in
Prize. In spite of the fact that the project would not type the majority in a case
Uniform distribution of burden of financing among its participants (Variant), all of them would support the project, be taxes are added To proportionally incomes of everyone (variant). This simple example illustrates extremely important thesis about Democratic voting of the state projects. If the voting All of them pay for the project to incomes proportionally taken from it, Are the winner in case of efficiency of the project and all lose in Opposite case. thanks to which it Subsequently has taken leading positions in the modern theory of the public Choice (public choice theory)., Richard Wagner (eds.), was for the first time It is formulated by the Swedish economist Knutom Vikselem in 1896 (see Wicksell, Inc., Constitutional Economics (Greenwich: JAI Press, what exactly This job of Vikselja has pushed him to ideas, "A New Principle of Just Taxation" in James Gwartney, A principle saying that effective projects Promote achievement of political unanimity, Public Choice and 1988). The Nobel winner James Bjukenen has noted Hence, at such way of payment of costs any effective project It will be approved by overwhelming majority of votes that, in turn, Is the best proof of that it is effective. And on the contrary: if
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