Unformatted text preview: explain. (3 points) 3) What are the two primary ways in which Buchanan and Tullock’s framework for the creation of the state curb Madison’s “tyranny of the majority” (that is, the unconstrained exploitation of the minority via the apparatus of democratic government)? (5 points) Hint: this question pertains to the material BEFORE the “farmers and roads” example. 4) Construct a simple three-person, three-issue example under which: a) Logrolling is socially beneficial. b) Logrolling is socially harmful. **Be sure to specify the vote trade that takes place.** In words, what accounts for the difference in the two scenarios? (4 points)...
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This note was uploaded on 09/18/2010 for the course ECON 383I taught by Professor Roth during the Spring '09 term at Binghamton.
- Spring '09