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Collective Reputation, Entry and Minimum Quality Standard

Rouviere, Elodie; Soubeyran, Raphael - 2008

This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry …

Persistent link: https://www.econbiz.de/10014220659

Integrating Water Resources into Computable General Equilibrium Models - A Survey

Ponce, Robert - 2012

Water resources are facing several stresses in terms of quantity and quality. These pressures are closely related to the human interventions in fields like: agriculture, land-use/land use change, construction/management of reservoirs, pollutant emissions, and water/wastewater treatment, among...

Persistent link: https://www.econbiz.de/10013099483

On the Legitimacy of Coercion for the Financing of Public Goods

Bierbrauer, Felix J. - 2009

The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...

Persistent link: https://www.econbiz.de/10013153426

Multiple Membership and Federal Sructures

Savvateev, Alexei V. - 2008

We consider a model of the world with several regions that may create a unified entity or be partitioned into several unions (countries). The regions have distinct preferences over policies chosen in the country to which they belong and equally share the cost of public policies. It is known that...

Persistent link: https://www.econbiz.de/10012724153

Matching in the Kolm Triangle : Interiority and Participation Constraints of Matching Equilibria

Buchholz, Wolfgang - 2019

In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public good supply and welfare. In particular, we describe, on...

Persistent link: https://www.econbiz.de/10012866919

Networks of Many Public Goods with Non-Linear Best Replies

Rébillé, Yann - 2015

We model a bipartite network in which links connect agents with public goods. Agents play a voluntary contribution game in which they decide how much to contribute to each public good they are connected to. We show that the problem of finding a Nash equilibrium can be posed as a non-linear...

Persistent link: https://www.econbiz.de/10013020926

International Environmental Agreements Under Uncertainty : Does the Veil of Uncertainty Help?

Finus, Michael; Pintassilgo, Pedro - 2010

Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified research efforts worldwide to reduce...

Persistent link: https://www.econbiz.de/10014193177

Corruption, Exogenous Changes in Incentives and Deterrence

DiVita, Giuseppe - 2008

In this article we apply and extend the model elaborated by Acemoglu and Verdier in their seminal paper (2000), to examine how the economy represented in their theoretical framework responds to an exogenous change in the agent's incentive. In particular, we focus on the consequences of a famous...

Persistent link: https://www.econbiz.de/10014060550

Political Cycles : The Opposition Advantage

Gautier, Pascal; Soubeyran, Raphaël - 2005

We propose a two dimensional infinite horizon model of public consumption in which investments are decided by a winner-take-all election. Investments in the two public goods create a linkage across periods and parties have different specialities. We show that the incumbent party vote share...

Persistent link: https://www.econbiz.de/10014061374

On the Private Provision of Public Goods on Networks

Allouch, Nizar - 2012

This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors’ provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...

Persistent link: https://www.econbiz.de/10014168474