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This paper discusses a novel approach to elicit people's preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10013319367
This paper discusses a novel approach to elicit people's preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10014071402
Enduring violent conflict is the flip side of the coin of a weak state. In this article, I propose some political economy underpinnings for the persistence of conflict (and the weak state). Focusing on the case of Colombia, I discuss three broad sets of mechanisms that are also relevant...
Persistent link: https://www.econbiz.de/10012941543
This study explores asymmetric volunteers' dilemma (VOD) games where costs for volunteering is different among players. Diekmann (1993) conjectures that an equilibrium, in which a player with less costs contributes, is more likely to be played if it is risk dominant. We re-examined this...
Persistent link: https://www.econbiz.de/10012865565
The Internet globalizes the world. National regulatory autonomy shrinks. Transferring data from one country to another is almost costless. Foreign content is just a click away. Why is it that states have been able to re-install co-existence in some policy areas, and not in others? In data...
Persistent link: https://www.econbiz.de/10011582891
The present paper fully characterizes equilibria of a generalized Volunteer's Dilemma game, which is an integration of the volunteer's dilemma game and the step-level public goods game with binary decision. We also examined the explanatory power of a widely accepted model with bounded...
Persistent link: https://www.econbiz.de/10013028952
Cooperation in providing common goods is crucial for flourishing social systems, yet rare but extreme events, such as pandemics, stock market collapses, and terror attacks, pose a risk that could undermine cooperation. We extend the public goods game (PGG) to investigate the relationship between...
Persistent link: https://www.econbiz.de/10014344520
Defense spending accounts for a large share of the budget in many countries, but the value of the resulting public good … - national defense - has so far escaped assessment. Much of the literature has instead considered indirect benefits of defense … of defense policy, namely an increase in the security of citizens, by means of a survey-based discrete choice experiment …
Persistent link: https://www.econbiz.de/10014450765
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the other's...
Persistent link: https://www.econbiz.de/10010332274
Several decades of conflict, rebellion and unrest severely weakened civil society in parts of Colombia. Desarollo y Paz is the umbrella term used to describe the set of locally-led initiatives that aim at addressing this problem through initiatives to promote sustainable economic development and...
Persistent link: https://www.econbiz.de/10003882450