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This paper makes the case that nonrivalness and nonexcludability properties of public goods are still relevant and crucial considerations. Although these characteristics of publicness may be socially endogenous with institutional choice, these properties are not necessarily determined by this...
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This paper analyzes nonmarket institutional structure in which policymakers from two or more governments negotiate to commonly provide a pure public good or to internalize an externality. Various equilibrium notions for the linkage are examined, including Nash, non-Nash, and Pareto. The...
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