Showing 1 - 10 of 17
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10012756257
We utilize the analytical construct of a stochastic supply function to provide an aggregate representation of a finite collection of standard deterministic supply functions. We introduce a consistency postulate for a stochastic supply function that may be satisfied even if no underlying...
Persistent link: https://www.econbiz.de/10012764663
We investigate the impact of community power on the practice of untouchability in rural India. We model two-dimensional simultaneous group conflict over social norms, wherein an upper and backward (OBC) caste Hindu bloc contests the 'scheduled' castes (SCs) over the extent to which behavioural...
Persistent link: https://www.econbiz.de/10012894557
We model political contestation over school language policy, within linguistic communities where weak property rights protection leads to high decentralized expropriation. We show that improvements in governance institutions that facilitate property rights protection might exacerbate such...
Persistent link: https://www.econbiz.de/10012947716
We model simultaneous inter and within identity-group conflict in two territories connected by cross-territorial spill-overs. Within each territory, two groups contest the division of a group-specific public good, and all members contest the division of group income. Each group has a...
Persistent link: https://www.econbiz.de/10012999007
We model a contest between two groups of equal population size over the division of a group-specific public good. Each group is fragmented into sub-groups. Each sub-group allocates effort between production and contestation. There is perfect coordination within sub-groups, but sub-groups cannot...
Persistent link: https://www.econbiz.de/10012950919
Much of the existing literature on the use of informal credit arrangements such as ROSCAs (Rotating and Credit Saving Associations) theorises the use of such institutions as arising from market failures in the development of formal saving and credit mechanisms. As economic development proceeds,...
Persistent link: https://www.econbiz.de/10013123599
We develop a model of regulation of service-delivery NGOs, where future grants are conditional on prior spending of some minimal proportion of current revenue on direct project-related expenses. Such regulation induces some NGOs to increase current project spending, but imposes wasteful costs of...
Persistent link: https://www.econbiz.de/10013091897
We model a general choice environment via probabilistic choice correspondences, with (possibly) incomplete domain and infinite universal set of alternatives. We offer a consistency restriction regarding choice when the feasible set contracts. This condition, 'contraction consistency', subsumes...
Persistent link: https://www.econbiz.de/10013153310
In developing societies, social norms typically ascribe differential weights to paternal, maternal and communal (or state) contributions to children's expenses. Individuals internalize these valuations. I examine a Cournot model of voluntary contribution to children's goods in a two-adult...
Persistent link: https://www.econbiz.de/10013154987