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Potentially Harmful International Cooperation on Global Public Good Provision
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - Wirtschaftswissenschaftliche Fakultät, … - 2012
Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract …
Persistent link: https://www.econbiz.de/10011212939
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Potentially Harmful International Cooperation on Global Public Good Provision
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - CESifo - 2012
Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract …
Persistent link: https://www.econbiz.de/10010559785
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Pareto Improvements under Matching Mechanisms in a Public Good Economy
Liu, Weifeng - Crawford School of Public Policy, Australian National … - 2014
Matching mechanisms have been proposed to mitigate underprovision of public goods in voluntary contribution models …. This paper investigates Pareto-improving equilibria under various matching schemes with two heterogeneous players. First …, this matching mechanism avoids free riding and each player has incentives to provide matching contributions at interior …
Persistent link: https://www.econbiz.de/10010938593
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Matching as a Cure for Underprovision of Voluntary Public Good Supply: Analysis and an Example
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - CESifo - 2011
Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner …
Persistent link: https://www.econbiz.de/10008872210
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Matching as a cure for underprovision of voluntary public good supply
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - In: Economics Letters 117 (2012) 3, pp. 727-729
Matching mechanisms are widely regarded as providing a promising way to cure the public good underprovision problem …, but the Pareto optimal interior matching equilibrium emerges only under very special conditions. However, we show that …
Persistent link: https://www.econbiz.de/10011041792
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Potentially Harmful International Cooperation on Global Public Good Provision
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - College of Business and Economics, Australian National … - 2012
Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract …
Persistent link: https://www.econbiz.de/10011107170
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Stable Partnerships, Matching, and Local Public Goods
Clark, Simon; Kanbur, Ravi - School of Economics, University of Edinburgh - 2004
In the presence of local public goods differences in tastes are an important determinant of the way in which partnerships are formed. Heterogeneity in tastes for private vs. public goods produces a tendency to positive assortment and partnerships of couples with similar tastes; heterogeneity in...
Persistent link: https://www.econbiz.de/10005147109
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Optimal ownership of public goods reconsidered
Schmitz, Patrick W. - In: Economics Letters 125 (2014) 1, pp. 21-24
Consider a non-governmental organization (NGO) that can invest in a public good. Should the government or the NGO own the public project? In an incomplete contracting framework with split-the-difference bargaining, Besley and Ghatak (2001) argue that the party who values the public good most...
Persistent link: https://www.econbiz.de/10010939486
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Legislative bargaining and the dynamics of public investment
Battaglini, Marco; Nunnari, Salvatore; Palfrey, Thomas - Abteilung "Verhalten auf Märkten", … - 2011
experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10009422079
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Bargaining and Sharing Knowledge.
D'Aspremont, C.; Bhattacharya, S.; Gerard-Varet, L.A. - Groupement de Recherche en Économie Quantitative … - 1995
Persistent link: https://www.econbiz.de/10005669486