Bidding and Sorting Graphs
PAI735/ECN635
State and Local Government Finance
Professor Yinger
Figure 1: Housing Bids as a Function of Public Service Quality
(Holding the Property Tax Rate Constant)
Figure 2: Housing Bids as a Function of the Property Tax Rate
(Holding Public Service Quality Constant)
Figure 3: Consensus Bidding and Sorting
Figure 4: The Demand for Local Public Services
Figure 5: Consensus Bidding and Sorting Net of Taxes
Figure 6: Hamilton Bidding and Sorting
Figure 7: Inefficiency Due to Heterogeneity