Showing 1 - 10 of 14
This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of electoral reforms in Chinese villages. We use the...
Persistent link: https://www.econbiz.de/10011213313
Safety is costly, but lack of safety can be even more expensive. This contribution considers the various dimensions of “Economics of Safety”, ranging from safety at work to road safety, terrorism and crime. Economic science helps to understand the role of safety as a (public or private) good...
Persistent link: https://www.econbiz.de/10011259289
This paper considers a model of voluntary public good provision with two players and convex costs. I demonstrate that the provision of public good is higher in the sequential framework under fairly general conditions. This outcome shows that introducing convex costs may reverse under some...
Persistent link: https://www.econbiz.de/10009651385
The efficiency of “quasimarkets”—decentralized public goods provision subjected to Tiebout competition—is a staple of public choice conventional wisdom. Yet in the 1990s a countermovement in political economy called “neoconsolidationism” began to challenge this wisdom. The...
Persistent link: https://www.econbiz.de/10009283787
Decisions on joint funding of continuous public goods between two agents often involve heterogeneous targets. We introduce loss functions in a contribution game in order to study the effect of this conflict. Unlike Varian (1994), joint contribution occurs only if the players’ targets are...
Persistent link: https://www.econbiz.de/10009294947
We experiment a new mechanism for the provision of a discrete public good: in a fixed period individuals can contribute …
Persistent link: https://www.econbiz.de/10005789371
This paper provides a limit result for the provision of a public good in a mechanism design framework as the number of agents gets large. What distinguishes the public good investigated in this analysis is its direct provision technology which is commonplace in modern information technologies.
Persistent link: https://www.econbiz.de/10005789399
We run a public good experiment with four different treatments. The payoff function is chosen such that the Nash … equilibrium (NE) and the collective optimum (CO) are both in the interior of the strategy space. We try to test the effect of …
Persistent link: https://www.econbiz.de/10005789654
Using survey data on fishermen and fishing villages in Aceh, Indonesia from 2005 and 2007, this paper examines the effect of the December 2004 tsunami and resulting massive aid effort on local public good provision, in particular on public labor inputs, but also public capital choices. Also...
Persistent link: https://www.econbiz.de/10008636528
Environmental and tax policies and the optimal provision of clean and dirty public goods are analysed within the context of a second-best framework of optimal taxation. Households consume both clean and dirty commodities. Degradation of the natural environment occurs due to the consumption of...
Persistent link: https://www.econbiz.de/10005792489