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- W2138824986 abstract "Several researchers who have studied the impact of unrestricted state and federal grants on local government spending have observed a flypaper effect in which the expenditure effect of such grants is larger than a comparable increase in community income. Conventional explanations of this effect rely heavily on assumptions of voter misperception or official manipulations of voters to induce a higher level of spending than would otherwise be approved. An alternate model is presented to argue that the flypaper effect arises from the uncertainty and instability of grant revenue and risk-averse behavior by local officials." @default.
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- W2138824986 date "1990-09-01" @default.
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- W2138824986 title "On Confusing Caution and Greed" @default.
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- W2138824986 doi "https://doi.org/10.1177/004208169002600105" @default.
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