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Institutions for Facilitating Cooperation: Evidence from Economics Experiments on Public Goods, Common-Pool Resources and Team Production Environments

Walker, James M. - 2003

examine propositions related to static equilibrium theory, dynamic learning models, and individual choice theory. Economic …

Persistent link: https://www.econbiz.de/10009468447

Comments on Elinor Ostrom's 'Governing the Commons'

Silvestre, Joaquim - 1992

"Governing the Commons offers important insights to a variety of issues,in particular to the design of stable and robust institutions, the creation of norms and the process of institutional change. I have nothing to say on these. My comments will focus on a different theme, dear to economists...

Persistent link: https://www.econbiz.de/10009468457

The Missing Link: Collective-Choice Policymaking in Nonprofit, For-Profit, and Public Child Care Centers

Bushouse, Brenda K. - 1999

to explain nonprofit production of certain types of goods. Hansmann (1980, 1986) developed Contract Failure Theory to …. Weisbrod (1977, 1988) developed the theory of Market/Government Failure to explain nonprofit production of collective goods … primary justification for the nonprofit institutional form. In Contract Failure Theory it signals quality to consumers because …

Persistent link: https://www.econbiz.de/10009468484

Creating Institutions for Survival Games Against Nature in Premodern Iceland

Eggertsson, Thráinn - 1994

"We are concerned here with the creation of non-market institutions for reducing the cost of risk in poor agrarian societies that operate at low levels of technology without the benefits of insurance, credit and other intertemporal markets. 1 Institutions, the formal and informal rules that...

Persistent link: https://www.econbiz.de/10009468491

The Concept of Coproduction and its Implications for Public Service Delivery

Kiser, Larry L.; Percy, Stephen L. - 1980

"Contrary to most economic theory, consumers are not always easily distinguished from producers, particularly in the …

Persistent link: https://www.econbiz.de/10009468492

Equilibrium Results in Committee Settings: Theory and Experiments on Decision Costs

Herzberg, Roberta; Wilson, Rick K. - 1987

"In this paper we formulate a cost-induced equilibrium concept. This equilibrium is generated from transaction costs connected with a sequential agenda process. Our claim is that most collective choice Institutions carry with them decision costs. If these transaction costs are very large, they...

Persistent link: https://www.econbiz.de/10009468499