This article experimentally examines voluntary contributions when group members’ marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...

We consider the problem of provisioon and cost-sharing of multiple public goods. The efficient equal factor equivalent allocation rule makes every agent indifferent between what he receives and the opportunity of choosing the bundle of public goods subject to the constraint of paying r times its...

We study voluntary contribution behavior of individuals who vary in their ability to contribute to a joint project under different information scenarios. We investigate a situation with two types who vary only in their external marginal return (low and high). Results of a laboratory experiment...

A full understanding of public affairs requires the ability to distinguish between the policies that voters would like the government to adopt, and the influence that different voters or groups of voters actually exert in the democratic process. We consider the properties of a computable...

A key element of government is to uphold law and order. This paper will evaluate the impact of slow judiciaries on entrepreneurship. In 2002 a judicial reform was implemented in 6 of Pakistan's 117 districts to facilitate rapid case disposal. Drawing on a panel dataset of 875 district judges'...

We consider the problem of provisioon and cost-sharing of multiple public goods. the efficient equal factor equivalent allocation rule makes every agent indifferent between what he receives and the opportunity of choosing the bundle of public goods subject to the constraint of paying r times its...

In this paper charity brings some joy of giving; it yields more contributions to public goods than standard "subscription", but its creation is costly. We compare the laissez-faire number of charities with both the second and the first-best level. In general, laissez-faire implies an...

In the present paper, we adopt the collective approach to consumer behavior-which supposes that each household member is characterized by his/her own preferences and that the decision process results in Pareto-efficient outcomes-and assume, in addition, that agents are egoistic and consumption...

In this paper charity brings some joy of giving; it yields more contributions to public goods than standard "subscription", but its creation is costly. We compare the laissez-faire number of charities with both the second and the first-best level. In general, laissez-faire implies an...

This paper analyses the decision to invest to reduce the emissions of a stock pollutant under environmental uncertainty. It shows that this decision depends on the type and level of uncertainty. When uncertainty is small, there is no simple irreversibility effect because of the tension between...