Showing 1 - 10 of 136
Статья представляет собой фрагмент из будущей книги автора <Рождение теории. Разговоры с известными экономистами> и посвящена полемике с Р. Масгрейвом. Основной предмет дискуссии - теория общественных благ и...</Рождение>
Persistent link: https://www.econbiz.de/10009371846
We examine the impact of one-time threats of expulsion and punishment on voluntary contributions in a public goods game. Participants played in 15-round sessions where they were allowed to vote to remove other subjects only after round 5 and in one design also voted whether to punish the...
Persistent link: https://www.econbiz.de/10010666067
This paper derives Pareto efficient policy rules for the provision of national as well as global public goods in a two-country world, where each individual cares about relative consumption within as well as between countries. Furthermore, we compare these policy rules with those that follow from...
Persistent link: https://www.econbiz.de/10010564004
We present a model of public good provision with a distributor. Our main result describes a symmetric mixed-strategy equilibrium, where all agents contribute to a common fund with probability p and the distributor provides either a particular amount of public goods or nothing. A corollary of...
Persistent link: https://www.econbiz.de/10014284492
This paper focuses on the choice of centralization of public policy in an economy with two government levels. It argues that centralization by subsidiarity principle stresses a conflicting interest between different jurisdictions instead of working it out. The extent of the conflict of interest...
Persistent link: https://www.econbiz.de/10005042038
This paper analyzes the provision of goods with consumption externalities (such as public policies) in hybrid settings: the `good' is provided in a democratic process by majority vote, but each individual agent is free to contribute additional amounts before or after the political decision has...
Persistent link: https://www.econbiz.de/10005636362
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...
Persistent link: https://www.econbiz.de/10011436089
Empirical evidence suggests that charitable contributions to public goods may be driven not only by the familiar warm-glow of giving motive but also as a means for businesses to signal high product quality. Building on this finding, we present an analytical framework that characterizes the...
Persistent link: https://www.econbiz.de/10011541311
According to a standard argument, higher income inequality fosters redistributive activities of the government in favor of the median income earner. This paper shows that if redistribution is achieved by a public provision of goods and services rather than by transfers, higher income inequality...
Persistent link: https://www.econbiz.de/10011409989
We introduce democratic mechanisms where individual utilities are not observable by other people at the legislative stage. We show that the combination of three rules can yield e±cient provision of public projects: first, flexible and double majority rules where the size of the majority depends...
Persistent link: https://www.econbiz.de/10011410447