Showing 1 - 10 of 2,629
Persistent link: https://www.econbiz.de/10010260000
Persistent link: https://www.econbiz.de/10000909483
This paper analyzes how moral costs affect individual support of morally difficult group decisions. We study a threshold public good game with moral costs. Motivated by recent empirical findings, we assume that these costs are heterogeneous and consist of three parts. The first one is a standard...
Persistent link: https://www.econbiz.de/10011567880
A group of individuals meet to share the cost and determine output allocations of a partial-excludable public good. We demonstrate that, for general cost functions and preferences that satisfy the Spence-Mirlees sorting condition, the serial cost-sharing formula (Moulin, 1994) has remarkable...
Persistent link: https://www.econbiz.de/10014218174
Persistent link: https://www.econbiz.de/10003386768
Persistent link: https://www.econbiz.de/10003538229
Persistent link: https://www.econbiz.de/10010458490
Persistent link: https://www.econbiz.de/10003179359
This paper demonstrates that there is a discrepancy between the ideas expressed in Lindahl (1919) and the current-day definition of Lindahl equilibrium. It describes how the ideas expressed by Lindahl (1919) developed into the equilibrium concept for public good economies that now carries...
Persistent link: https://www.econbiz.de/10013081869
We will firstly outline the rationale of a public good game and explain the distinction between a continuous public good game and a threshold public good game. As a vast majority of experimental research in social psychology on public good games has used threshold public good games, we will then...
Persistent link: https://www.econbiz.de/10014027586