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The Political Economy of Benefits and Costs: A Neoclassical Approach to Distributive Politics
Abstract
This essay offers a rational political explanation for the notorious inefficiency of pork barrel projects with an optimization model of legislative behavior and legislative institutions. The model emphasizes the (economically arbitrary, from a welfare point of view) importance of the geographic incidence of benefits and costs owing to the geographic basis for political representation. We explore the implications of a legislator's objective function and derive conditions under which a representative legislature will select an omnibus of projects each of which exceeds the efficient scale.
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Metadata
- Authors
- Weingast, B. R., Shepsle, K. A., & Johnsen, C.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1981-08
- Volume
- 89
- Issue
- 4
- Pages
- 642-664
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2076316673
- Cited by
- 1,736
- References
- 0
- FWCI
- 32.33
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: The Political Economy of Benefits and Costs: A Neoclassical Approach to Distributive Politics. https://app.cochat.ai/papers/10.1086/260997
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- Weingast, B. R., Shepsle, K. A., & Johnsen, C. (1981). The Political Economy of Benefits and Costs: A Neoclassical Approach to Distributive Politics. Journal of Political Economy. https://doi.org/10.1086/260997
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.