Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10003787646
Persistent link: https://www.econbiz.de/10003787651
Persistent link: https://www.econbiz.de/10003924122
This paper investigates how the heterogenous incomes and preferences of potential donors affect the timing of contribution decisions when it is endogenously determined by contributors themselves. More specifically, we use a simple setting with two donors, Cobb-Douglas preferences, and complete...
Persistent link: https://www.econbiz.de/10012892149
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...
Persistent link: https://www.econbiz.de/10012965708
Persistent link: https://www.econbiz.de/10014443418