Education
Finance
and Accountability
Program
(EFAP)
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John Yinger Director |
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William Duncombe Associate Director |
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Jerry Miner Senior Associate |
Ross Rubenstein Senior Associate |
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Robert Bifulco Senior Associate |
Figures to Accompany Bidding and Sorting
Notes for a
Class in State
and Local Public Finance
John Yinger
Trustee Professor of Public Administration and Economics
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

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