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Reciprocity can be a powerful motivation for human behaviour. Scholars argue that it is relevant in the context of private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The interaction of reciprocity with cost-sharing is critical....
Persistent link: https://www.econbiz.de/10010812485
No good comparable data on sizes of cultural sectors of the countries of Europe exist. Still, local and national governments of Europe spend substantial resources on culture and cultural sectors contribute significantly to employment and national income. After briefly describing special features...
Persistent link: https://www.econbiz.de/10005765923
university participation has been increasing. We use the Linear Probability and Logit models to investigate the determinants of … explaining the rising level of the university participation rate for women and men. The important variables include a time trend … university degree, tuition fees and real income. The increasing gap between the female and male participation rates (15 …
Persistent link: https://www.econbiz.de/10008583640
significant macroeconomic effects and implications for the conduct of fiscal and monetary policy. In this respect, Uganda is no …
Persistent link: https://www.econbiz.de/10011093976
Economists usually think that rational voters have little incentives to acquire costly information. We present a … information if media technology is available because then they do not condition their informational decisions on being pivotal …-ride. Further, we show how the quality of information depends on the size of the electorate, the prior knowledge of voters and on …
Persistent link: https://www.econbiz.de/10010877742
No voters cast their votes based on perfect information, but better educated and richer voters are on average better … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10009324089
measures of workers’ productivity and trustworthiness and make this information available to potential employers. Our data show …
Persistent link: https://www.econbiz.de/10009364733
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10005765715
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10005094160
appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10005094193