Professional sports teams will sometimes seek public subsidies for stadium financing projects that produce large benefits for a relatively small number of fans and impose small costs on a relatively large number of people. Sometimes these efforts to secure public funding are successful even though the decision is not efficient. This is an example of

ANSWER: THE SPECIAL-INTEREST EFFECT.

EXPLANATION: The act of seeking public funds for financing projects that produce numerous gains or benefits for a concentrated number of individuals, thereby imposing small costs on a relatively large number of individuals is referred to as SPECIAL-INTEREST EFFECT.

This proposition is often practiced by government, whereby they incorporate projects with funds from numerous cost bearers and the projects are ultimately enjoyed by few beneficiaries.

good question. i'll be looking into that. (this is a joke sir)