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On the impact of risky private and public returns in the private provision of public goods : the case of social investments
Freundt, Jana; Lange, Andreas - 2019
We use a laboratory experiment to identify the impact of risk in the private and public dimensions of social … to others. We find a detrimental effect of risk on public good provision when returns in both dimensions are risky and … positively correlated or independent. A negative correlation limits the downside risk and leads to more stable social investments …
Persistent link: https://www.econbiz.de/10011958821
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Tax competition, investment irreversibility and the provision of public goods
Moretto, Michele; Panteghini, Paolo; Vergalli, Sergio - 2013
This article studies the effects of tax competition on the provision of public goods under business risk and partial …
Persistent link: https://www.econbiz.de/10009748378
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Technology transfers for climate change
Elsayyad, May; Morath, Florian - 2013
This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the...
Persistent link: https://www.econbiz.de/10010223047
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Do natural hazards cause international migration?
Gröschl, Jasmin Katrin; Steinwachs, Thomas - 2016
The estimated amount of people affected by natural hazards stands at a staggering number of about 243 million people per year. While not all of the affected move across borders, international migration potentially provides an adaptation mechanism to natural hazards. The aim of this paper is to...
Persistent link: https://www.econbiz.de/10011551039
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Tax competition, capital mobility and public good provision within a trading block
Hadjiyiannis, Costas; Hatzipanayotou, Panos; Michael, … - 2001
We construct a general equilibrium model of a two-country trading block where governments through tax policies attract mobile capital, and provide an imported public consumption good. At Nash equilibrium, when the public good is under-provided, (i) a country with a large GDP, has a large Nash...
Persistent link: https://www.econbiz.de/10011399347
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The exploitation hypothesis in a public good economy : some extensions
Buchholz, Wolfgang; Sandler, Todd - 2016
Since Olson's (1965) The Logic of Collective Action, the exploitation hypothesis, in which the rich shoulders the provision burden of public goods for the poor, has held sway despite empirical exceptions. To address such exceptions, we establish two alternative exploitation hypotheses based on...
Persistent link: https://www.econbiz.de/10011416381
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Centralized fiscal spending by supranational unions
Simon, Jenny; Valasek, Justin - 2013 - This version: June 28, 2013
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations ́contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10009765517
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Efficiency, welfare, and political competition
Bierbrauer, Felix; Boyer, Pierre C. - 2014
We study political competition in an environment in which voters have private information about their preferences. Our framework covers models of income taxation, public-goods provision or publicly provided private goods. Politicians are vote-share-maximizers. They can propose any policy that is...
Persistent link: https://www.econbiz.de/10010358277
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Members, joiners, free-riders, supporters
Ansink, Erik; Withagen, Cees - 2016
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of international environmental agreements on climate change, with the possibility that singletons support coalition formation without becoming coalition members themselves. Rather,...
Persistent link: https://www.econbiz.de/10011444079
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Information aggregation in democratic mechanisms
Britz, Volker; Gersbach, Hans - 2016 - This version: January 22, 2016
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of profound uncertainty about the benefits of public goods, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private...
Persistent link: https://www.econbiz.de/10011444451