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Persistent link: https://www.econbiz.de/10011770912
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/10014237485
This paper analyzes the impact of a group-size change on contributing incentives in repeated provision of pure public goods. We develop a model in which the group members interact repeatedly and might be temporarily unable to contribute to the public good production in some periods. We show that...
Persistent link: https://www.econbiz.de/10013060892
WHAT IS the most immediate tool of empowerment you can provide a person? Ask an economist. Or ask a laborer who has been moved to the outskirts of the city as a part of the quot;big-progressive resettlement schemequot;. Or ask a student. The most likely answer you will get is:...
Persistent link: https://www.econbiz.de/10012718470
In every democracy mass media play a crucial role in assuring the effective working of the political system. In this paper I focus on the role of media as "watchdog". In an agency relationship between politician and citizens, media perform the function of an informed supervisor. Previous works...
Persistent link: https://www.econbiz.de/10003931041
The provision of public goods in developing countries is a central challenge. This paper studies a model where each agent's effort provides heterogeneous benefits to the others, inducing a network of opportunities for favor-trading. We focus on a classical efficient benchmark – the Lindahl...
Persistent link: https://www.econbiz.de/10011709786
We explore in an experiment what leads to the breakdown of partnerships. Subjects are assigned a partner and participate in a repeated public good game with stochastic outcomes. They can choose each period between staying in the public project or working on their own. There is excessive exit as...
Persistent link: https://www.econbiz.de/10010340746
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
Persistent link: https://www.econbiz.de/10001510286
Persistent link: https://www.econbiz.de/10001511572