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All but one free ride when wealth effects are small
Silvestre, Joaquim - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 201-207
Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...
Persistent link: https://www.econbiz.de/10010317090
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The provision point mechanism with reward money
Zubrickas, Robertas - 2013
We introduce reward money into the provision point mechanism with refunds. Reward money is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In environments without aggregate uncertainty, the provision point is always reached in...
Persistent link: https://www.econbiz.de/10010316819
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Zur Manipulierbarkeit der Allokation öffentlicher Güter: Theoretische Analyse und Simulationsergebnisse
Lindner, Tobias - 2011
Vorschlägen eine Budgetaufteilung (Allokation) bestimmt wird. Von besonderem Interesse ist die Frage, welche Abstimmungsregeln … nicht manipulierbar sind, das heißt für keinen Agenten einen Anreiz bieten, eine Allokation vorzuschlagen, die nicht mit … diese Verfahren als auch andere Abstimmungsregeln zur Allokation öffentlicher Güter sind, wenn man die weitaus größere …
Persistent link: https://www.econbiz.de/10011889538
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Efficient abatement in separated carbon markets: A theoretical and quantitative analysis of the EU emissions trading scheme
Peterson, Sonja - 2006
theoretical as well as the quantitative analysis, recommendations are derived for a better allocation of the reduction burden …
Persistent link: https://www.econbiz.de/10010273116
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Gains from switching and evolutionary stability in multi-player matrix games
Peña, Jorge; Lehmann, Laurent; Nöldeke, Georg - 2013
polynomial of degree N-1. In order to deal with the intricacy of the resulting evolutionary dynamics, we make use of the theory … of polynomials in Bernstein form. This theory implies a tight link between the sign pattern of the gains from switching …
Persistent link: https://www.econbiz.de/10011390691
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Growing groups, cooperation, and the rate of entry
Ranehill, Eva; Schneider, Frédéric; Weber, Roberto A. - 2013
We study the stability of voluntary cooperation in response to varying group growth rates. Using a laboratory public-good game, we construct a situation where increasing group size yields potential efficiency gains, but only with sustained cooperation. We then study the effect of exogenously...
Persistent link: https://www.econbiz.de/10010316831
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A geometric approach to mechanism design
Goeree, Jacob K.; Kushnir, Alexey - 2011
theory. The optimal mechanism can subsequently be derived from the support function using Hotelling's lemma. We first assume …
Persistent link: https://www.econbiz.de/10010316902
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Voluntary contributions 'vote out' public ones
Calveras, Aleix; Ganuza, Juan-José; Llobet, Gerard - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 3, pp. 283-303
In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77-99, 2007) show that information sharing increases banks' profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case in...
Persistent link: https://www.econbiz.de/10010317121
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The division problem with maximal capacity constraints
Bergantiños, Gustavo; Massó, Jordi; Neme, Alejandro - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 29-57
The division problem consists of allocating a given amount of an homogeneous and perfectly divisible good among a group of agents with singlepeaked preferences on the set of their potential shares. A rule proposes a vector of shares for each division problem. Most of the literature has...
Persistent link: https://www.econbiz.de/10010317137
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Fairness und ihr Preis
Schneider, Andrea; Zimmermann, Klaus W. - 2010
Based on the premise that fairness is different from equity and that it is primarily used in informal contexts we present an economic approach to fairness. Discussing the results of behavioral economics reveals the experience that people do not accept a monetary offer even if that collides with...
Persistent link: https://www.econbiz.de/10010271587