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The Poverty of Growth with Interdependent Utility Functions

Salamon, Peter; Komlos, John - Volkswirtschaftliche Fakultät, … - 2005

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.

Persistent link: https://www.econbiz.de/10005649774

Der Wert der Sicherheit: Anmerkungen zur Ökonomie der Sicherheit

Entorf, Horst - Volkswirtschaftliche Fakultät, … - 2013

Safety is costly, but lack of safety can be even more expensive. This contribution considers the various dimensions of “Economics of Safety”, ranging from safety at work to road safety, terrorism and crime. Economic science helps to understand the role of safety as a (public or private) good...

Persistent link: https://www.econbiz.de/10011259289

Public Spending and Volunteering: "The Big Society", Crowding Out, and Volunteering Capital.

Bartels, Koen; Cozzi, Guido; Mantovan, Noemi - Volkswirtschaftliche Fakultät, … - 2011

The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers will compensate for a withdrawal of public agencies and spending. This idea is grounded on a widely held belief about the relationship between government and...

Persistent link: https://www.econbiz.de/10008873546

A Note on Contribution Games with Loss Functions

Russo, Giuseppe; Senatore, Luigi - Volkswirtschaftliche Fakultät, … - 2011

Decisions on joint funding of continuous public goods between two agents often involve heterogeneous targets. We introduce loss functions in a contribution game in order to study the effect of this conflict. Unlike Varian (1994), joint contribution occurs only if the players’ targets are...

Persistent link: https://www.econbiz.de/10009294947

A fair pivotal mechanism for nonpecuniary public goods

Pivato, Marcus - Volkswirtschaftliche Fakultät, … - 2011

The Clarke pivotal mechanism is inappropriate for nonpecuniary public goods, because the assumption of quasilinear … utility is invalid, and because the mechanism gives disproportionate influence to wealthier voters. But by introducing a … mechanism is `fair' in the sense that the voters in different strata all have equal influence (on average) over the outcome …

Persistent link: https://www.econbiz.de/10009359924

Quasimarket failure

Boettke, Peter; Coyne, Christopher; Leeson, Peter - Volkswirtschaftliche Fakultät, … - 2011

The efficiency of “quasimarkets”—decentralized public goods provision subjected to Tiebout competition—is a staple of public choice conventional wisdom. Yet in the 1990s a countermovement in political economy called “neoconsolidationism” began to challenge this wisdom. The...

Persistent link: https://www.econbiz.de/10009283787

Asset-Centred Redistributive Policies for Sustainable Development

Kohler, Pierre - Volkswirtschaftliche Fakultät, … - 2014

The objective of this discussion paper is to propose an asset-centred analytical framework for (i) mapping the most important redistributive policy tools that shape the distribution of income and income-generating assets (such as human capital and wealth, including land, industrial or financial...

Persistent link: https://www.econbiz.de/10011109126

Public Good Provision with Convex Costs

Senatore, L - Volkswirtschaftliche Fakultät, … - 2011

This paper considers a model of voluntary public good provision with two players and convex costs. I demonstrate that the provision of public good is higher in the sequential framework under fairly general conditions. This outcome shows that introducing convex costs may reverse under some...

Persistent link: https://www.econbiz.de/10009651385

Aid, social capital and village public goods: after the tsunami.

Freire, Tiago; Henderson, J. Vernon; Kuncoro, Ari - Volkswirtschaftliche Fakultät, … - 2010

Using survey data on fishermen and fishing villages in Aceh, Indonesia from 2005 and 2007, this paper examines the effect of the December 2004 tsunami and resulting massive aid effort on local public good provision, in particular on public labor inputs, but also public capital choices. Also...

Persistent link: https://www.econbiz.de/10008636528

An auction mechanism for public goods provision: an experimental study

Hichri, Pavel; Hichri, Walid - Volkswirtschaftliche Fakultät, … - 2008

We experiment a new mechanism for the provision of a discrete public good: in a fixed period individuals can contribute … the amount covers the cost. We find that the ability of the mechanism to provide efficiently the public good decreases …

Persistent link: https://www.econbiz.de/10005789371