PAI735/ECN635- Bidding and Sorting Graphs

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