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Essays on the private provision of public goods
Robledo, Julio R. - 2000 - Als Ms. gedr
Persistent link: https://www.econbiz.de/10001476626
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Public-good provision with macro uncertainty about preferences : efficiency, budget balance, and robustness
Hellwig, Martin - 2021
The paper studies efficient public-good provision in a model with private values whose distribution depends on a macro shock; conditionally on this shock, values are independent and identically distributed. A generalization of the Bayesian mechanism of d'Aspremont and Gérard-Varet is shown to...
Persistent link: https://www.econbiz.de/10012657865
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Sharing the cost of risky projects
Hougaard, Jens Leth; Moulin, Hervé - In: Economic theory : official journal of the Society for … 65 (2018) 3, pp. 663-679
Persistent link: https://www.econbiz.de/10011949314
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On the rate allocation problem under co-existance of uncertain utility function parameters and uncertain link capacities
Gąsior, Dariusz; Orski, Donat - In: Journal of the Operational Research Society : OR 65 (2014) 10, pp. 1562-1570
Persistent link: https://www.econbiz.de/10010416649
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Sharing as risk pooling in a social dilemma experiment
Cherry, Todd L.; Howe, E. Lance; Murphy, James J. - 2015
Persistent link: https://www.econbiz.de/10010528902
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On the impact of risky private and public returns in the private provision of public goods : the case of social investments
Freundt, Jana; Lange, Andreas - 2019
We use a laboratory experiment to identify the impact of risk in the private and public dimensions of social investments. In variants of a public good game, we separate the return a subject's investment generates for herself vs. the return to others. We find a detrimental effect of risk on...
Persistent link: https://www.econbiz.de/10011958821
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An allocation mechanism, a measure of risk aversion and an experiment
Marrewijk, Charles van - 1990
Persistent link: https://www.econbiz.de/10000783164
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Allocating resources in an uncertain world : water management and endangered species
Woodward, Richard T.; Shaw, William D. - In: American journal of agricultural economics 90 (2008) 3, pp. 593-605
Persistent link: https://www.econbiz.de/10003727749
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Connection situations under uncertainty
Moretti, Stefano; Alparslan-Gök, S. Zeynep; Brânzei, … - 2008
Persistent link: https://www.econbiz.de/10003752497
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Risk transfer with CDOs
Krahnen, Jan Pieter (contributor);  … - 2008
. This paper aims to resolve a part of the opaqueness surrounding credit-risk allocation to tranches that represent claims of … different seniority on a reference portfolio. In particular, this paper analyzes the allocation of credit risk to different … risk in CDO transactions. We propose a metric for capturing the allocation of systematic risk to tranches. First, in …
Persistent link: https://www.econbiz.de/10003768041