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limitations of the frequently used specification test that distinguishes between the standard models of pure and impure altruism … impure altruism compared with pure altruism, we show that, in general, it can be either more or less. Second, we propose a … heterogeneity based on park and volunteer hour types, are theoretically consistent with the mainstay model of impure altruism …
Persistent link: https://www.econbiz.de/10012480388
We examine the interplay between environmental policy instrument choice (i.e., prices vs. quantities) and private provision of public goods, which in this context we denote "Coasean provision." Coasean provision captures private provision of environmental public goods due to consumer preferences...
Persistent link: https://www.econbiz.de/10012482349