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impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments …, including schools and child custody. -- impure public goods ; contractual incompleteness ; allocation of authority ; investment …
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impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments …
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There has long been an emphasis on the importance of decentralization in providing better quality public services in … the developing world. In order to assess the effectiveness of decentralization I examine here the case study of Uganda …, which has seen major decentralization of power over the last quarter-century. Initial excitement about Uganda …
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We model the trade-off between centralized and decentralized decision making over the provision of local public goods. Centralized decisions are made in a legislature of locally elected representatives, and this creates a conflict of interest between citizens in different jurisdictions. The...
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We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
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