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Image concerns and the political economy of publicly provided private goods

König, Tobias; Lausen, Tobias; Wagener, Andreas - 2017

Governments often provide their citizens with goods and services that are also supplied in markets: education, housing, nutritional assistance, etc. We analyze the political economy of the public provision of private goods when individuals care about their social image. We show that image...

Persistent link: https://www.econbiz.de/10011591529

Cooperation, competition, and welfare in a matching market

Bester, Helmut; Sákovics, József - 2022

We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … welfare because more agents find themselves in a cooperative relationship. We characterize the conditions for which increasing … competition increases overall welfare. In particular, this is always the case when the incentives for defection are high. …

Persistent link: https://www.econbiz.de/10013331070