Majority voting assures that government will provide a public good if it yields total benefits in excess of total costs.

Question

Quizplus · Accepted Answer

Majority voting does not always assure that a government will provide a public good if it yields total benefits in excess of total costs, due to issues like the free rider problem, distribution of benefits and costs, and potential misalignment of individual preferences with the collective decision.

Majority Voting Assures That Government Will Provide a Public Good