Showing 1 - 10 of 21
We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10010899359
Persistent link: https://www.econbiz.de/10005443443
A vast recent literature has stressed social fragmentation's negative impact on the provision of public goods. This is a key issue, given that public goods availability has been reckoned as crucial to economic development, while developing countries' societies often exhibit high degrees of...
Persistent link: https://www.econbiz.de/10010738478
This paper discusses global public goods related to the world.s land resources, their current provision and likely future provision, their potential impacts on the world.s poorest households, as well as prospects for using foreign assistance to enhance th
Persistent link: https://www.econbiz.de/10010739495
We evaluate the impact of three auction mechanisms--the Becker-DeGroot-Marschak (BDM) mechanism, the second-price auction (SPA), and the random nth-price auction (NPA)--in the measurement of private willingness-to-pay and willingness-to-accept for a pure public good. Our results show that the...
Persistent link: https://www.econbiz.de/10010898536
There has long been an emphasis on the importance of decentralization in providing better quality public services in the developing world. In order to assess the effectiveness of decentralization I examine here the case study of Uganda, which has seen maj
Persistent link: https://www.econbiz.de/10010854463
Following an overview on the fast changing global context of agriculture, and food and nutrition security, this paper provides a framework for identifying the set of essential international public goods for a well-functioning world agriculture and food sy
Persistent link: https://www.econbiz.de/10010854487
This paper provides an explanation of the emergence of the standars textbook definition of public goods in the middle of the 20th century. It focuses on Richard Musgrave's contribution in defining public goods as non-rival and non-excludable - from 1939 to 1969. Although Samuelson's mathematical...
Persistent link: https://www.econbiz.de/10011026084
In this paper, we propose a definition of Edgeworth equilibrium for a private ownership production economy with (possibly infinitely) many private goods and a finite number of pure public goods. We show that Edgeworth equilibria exist whatever be the dimension of the private goods space, and can...
Persistent link: https://www.econbiz.de/10010750403
Unlike partial equilibrium analysis which study the equilibrium of a particular market under the clause "ceteris paribus" that revenues and prices on the other markets stay approximately unaffected, the ambition of a general equilibrium model is to analyze the simultaneous equilibrium in all...
Persistent link: https://www.econbiz.de/10010750449