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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/10014071402
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
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
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
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
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
We investigate leading by example in a public goods game in scenarios with and without intergroup competition. Leading by example is implemented via a sequential decision protocol. We examine both one-shot and repeated interaction and make use of the strategy method to characterize followers'...
Persistent link: https://www.econbiz.de/10009391900
Koukoumelis et al. (2010, 2012) have shown that one-way communication enhances contributions to public goods. We investigate the effectiveness of one-way communication, when the benefits from the public good are asymmetric and the sender of a message is the main beneficiary of cooperation. Our...
Persistent link: https://www.econbiz.de/10009391904