rivalry in consumption of the publicly provided good. We identify three sources of welfare loss from decentralization … characteristics of the publicly provided good are an important determinant for the welfare costs of decentralization. …

lump-sum transfers. Global public goods are considered both as consumption and production goods, and the theory is also …

Altruism or `regard for others' can encourage self-restraint among generators of negative externalities, thereby … mitigating the externality problem. We explore how introducing impure altruism into standard regulatory settings alters … welfare is increasing in the propensity for altruism in the population; under price-based regulation the relationship is non …

concern for other people's welfare (altruism) in the process of making high profits. Even when there exist few truly … such pooling equilibria exist is smaller and firms are more likely to anger voters by displaying low levels of altruism. As …