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The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10010266972
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10003908910
also makes participation constraints desirable. -- Public goods ; Mechanism Design ; Incomplete Contracts ; Regulation …
Persistent link: https://www.econbiz.de/10003862350
also makes participation constraints desirable. -- public goods ; mechanism design ; incomplete contracts ; regulations …
Persistent link: https://www.econbiz.de/10003850517
benevolent mechanism designer, participation constraints are never desirable. -- Mechanism Design ; Incomplete Contracts ; Public …
Persistent link: https://www.econbiz.de/10003923885
also makes participation constraints desirable. -- Public goods ; Mechanism Design ; Incomplete Contracts ; Regulation …
Persistent link: https://www.econbiz.de/10008824513
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10013153426
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10013158910
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10014206971
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10004979415