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Ambiguity on audits and cooperation in a public goods game

Dai, Zhixin; Hogarth, Robin M.; Villeval, Marie Claire - HAL - 2014

been withdrawn. Inconsistency in experiencing audits across time clearly increases the difficulty of learning the true …

Persistent link: https://www.econbiz.de/10010899359

Social Learning about Consumption

Salle, Isabelle; Seppecher, Pascal - HAL - 2013

This paper applies a social learning model to the optimal consumption rule of Allen & Carroll (2001), and delivers … results in the literature, both in terms of speed of convergence and parsimony of the learning model. The learning model … exhibits several appealing features: it is frugal, easy to apply to a range of learning objectives, requires few procedures and …

Persistent link: https://www.econbiz.de/10010821366

Entreprises adaptatives, détermination des prix et répartition du revenu dans un modèle macroéconomique multi-agents avec monnaie endogène

Seppecher, Pascal - HAL - 2012

Ce papier présente un modèle macroéconomique qui associe étroitement théorie de la monnaie endogène et approche multi-agents. C'est un modèle décentralisé, peuplé d'agents multiples, hétérogènes, autonomes et concurrents qui interagissent simultanément dans les sphères réelle et...

Persistent link: https://www.econbiz.de/10008792906

Social Fragmentation and Public Goods Revisiting the Olson's Effect in Uttar Pradesh and Bihar

Bros, Catherine - HAL - 2009

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

Taking the Well-being of Future Generations Seriously : Do People Contribute More to Intra-temporal or Inter-temporal Public Goods?

Grolleau, Gilles; Sutan, Angela; Vranceanu, Radu - HAL - 2013

We investigate the dynamics of cooperation in public good games when contributions to the public good are immediately redistributed across contributors (intra-temporal transfers) and when contributions to the public good by the current group are transferred over time to a future group...

Persistent link: https://www.econbiz.de/10010898453

Private Valuation of a Public Good in Three Auction Mechanisms

Dragicevic, Arnaud; Ettinger, David - HAL - 2011

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

On the Definition of Public Goods. Assessing Richard A. Musgrave's contribution

Demarais-Tremblay, Maxime - HAL - 2014

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

Edgeworth and Lindahl-Foley equilibria of a general equilibrium model with private provision of pure public goods

Florenzano, Monique; Mercato, Elena L. Del - HAL - 2006

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

Bargaining over public goods

Davila, Julio; Eeckhout, Jan; Martinelli, César - HAL - 2008

In a simple public good economy, we propose a natural bargaining procedure whose equilibria converge to Lindahl allocations as the cost of bargaining vanishes. The procedure splits the decision over the allocation in a decision about personalized prices and a decision about output levels for the...

Persistent link: https://www.econbiz.de/10010750409

General equilibrium

Florenzano, Monique - HAL - 2007

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