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certification mechanism would deliver significant gains over output-based taxation in two empirical applications: methane emissions …
Persistent link: https://www.econbiz.de/10013334500
Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices …
Persistent link: https://www.econbiz.de/10012471960
Persistent link: https://www.econbiz.de/10003428493
This paper examines voluntary provision of a public good that is motivated, in part, to compensate for other activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality to minimize the impact of climate change, provide an increasingly...
Persistent link: https://www.econbiz.de/10012464996
This paper focuses on the relationship between public action and access to public goods. It begins by developing a simple model of collective action which is intended to capture the various mechanisms that are discussed in the theoretical literature on collective action. We argue that several of...
Persistent link: https://www.econbiz.de/10012465745
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...
Persistent link: https://www.econbiz.de/10012458473
We present and experimentally test a mechanism that provides a simple, natural, low cost, and realistic solution to the … mechanism, despite having very small penalties out of equilibrium, reaches the full compliance equilibrium almost instantly …
Persistent link: https://www.econbiz.de/10012461627
Persistent link: https://www.econbiz.de/10002900317
Both conventional wisdom and leading academic research view pork barrel spending as antithetical to responsible policymaking in times of crisis. In this paper we present an alternative view. When agents are heterogeneous in their ideology and in their information about the economic situation,...
Persistent link: https://www.econbiz.de/10012461990
This paper studies the optimal provision mechanism for multiple excludable public goods when agents' valuations are … private information. For a parametric class of problems with binary valuations, we demonstrate that the optimal mechanism …
Persistent link: https://www.econbiz.de/10012464849