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Chapter 3. Property Rights, Public Goods and the Environment
Starrett, David A. - In: Handbook of environmental economics : volume 1, …, (pp. 97-125). 2003
We delineate the various ways in which rights to environmental and other resources can be assigned to individuals or groups. We then examine models of individual and group interactions, drawing out their implications for the ways in which resources will be utilized and managed under various...
Persistent link: https://www.econbiz.de/10014023942
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Externality assessments, welfare judgments, and mechanism design
Daske, Thomas - 2017
How agents assess the (in-)tangible externalities that others might impose on them can strongly influence strategic … externalities, are all subject to asymmetric information; utility is quasi-linear and transferable. An allocation rule will be …-balanced transfers if and only if it maximizes the sum of private payoffs exclusive of externalities. The corresponding mechanism is …
Persistent link: https://www.econbiz.de/10011773839
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A Network Approach to Public Goods
Elliott, Matthew - 2019
outcome, a weighted, directed network describing marginal externalities is defined. We show that Pareto efficient outcomes are …
Persistent link: https://www.econbiz.de/10012904900
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Contributing or free-riding? : voluntary participation in a public good economy
Furusawa, Taiji; Konishi, Hideo - In: Theoretical economics : TE ; an open access journal in … 6 (2011) 2, pp. 219-256
. In particular, it is equivalent to the set of perfectly coalition-proof Nash equilibria (Bernheim, Peleg, and Whinston …
Persistent link: https://www.econbiz.de/10011694996
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Plaintiffs exploiting plaintiffs
Stremitzer, Alexander (contributor) - 2008
the plaintiffs and shared among the members of a suing coalition. By settling and dropping out of the coalition, a …. -- litigation ; settlement ; bargaining ; contracting with externalities ; derivative suits ; public goods …
Persistent link: https://www.econbiz.de/10003612886
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Plaintiffs exploiting plaintiffs
Stremitzer, Alexander - 2008
the plaintiffs and shared among the members of a suing coalition. By settling and dropping out of the coalition, a …
Persistent link: https://www.econbiz.de/10010383020
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Secure implementation in economies with indivisible objects and money
Fujinaka, Yuji (contributor); Wakayama, Takuma (contributor) - 2007
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sj¨ostr¨om, and Yamato, 2006; Saijo, Sj¨ostr¨om, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal...
Persistent link: https://www.econbiz.de/10003556299
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Volatility and resilience of democratic public-good provision
Gersbach, Hans; Pitsuwan, Fikri; Bolgè, Giovanni Valvassori - 2024
coalition with the agents who most desire, or least desire, the public good, and we may observe 'strange bedfellow' coalitions …
Persistent link: https://www.econbiz.de/10014500614
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Alternative approaches to analyze the role of beliefs in strategic interaction
Sander, Philipp; Hauenschild, Nils; Ziems, Danny - 2007
Persistent link: https://www.econbiz.de/10003635731
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Strategic coalition formation in global public good provision
Buchholz, Wolfgang; Eichenseer, Michael - In: The theory of externalities and public goods : essays …, (pp. 61-84). 2017
Persistent link: https://www.econbiz.de/10011863834