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This paper analyzes the equilibrium strength of prescriptive norms to contribute to public goods. We consider three methods of establishing what an acceptable contribution to the public good is. Under the first method, the contribution of the bottom contributor is the reference point by which...
Persistent link: https://www.econbiz.de/10012014923
The ability to punish free-riders can increase the provision of public goods. However, sometimes, the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...
Persistent link: https://www.econbiz.de/10011621328
Two important aspects of global environmental problems are that (1) the actions of past generations affect the opportunities of the present, and (2) both in the past and the present generations, collaboration across different countries is needed to provide global public goods. In this paper, we...
Persistent link: https://www.econbiz.de/10012168602
Many public projects are funded in a dynamic manner in which contributors are able to make gradual increases in contributions and condition additional contributions on the cooperation of others. This study presents results from experiments in which subjects with an initial fixed endowment make...
Persistent link: https://www.econbiz.de/10011891191
We study framing effects in repeated social dilemmas by comparing payoff-equivalent Give- and Take-framed public goods games under varying matching mechanisms (Partners or Strangers) and levels of feedback (Aggregate or Individual). In the Give-framed game, players contribute to a public good,...
Persistent link: https://www.econbiz.de/10011383730
In this paper, the author analyzes the behavior of local governments in capital taxation when the financial choices in terms of the quality of public goods are made done by a central planner. More specifically, he asks the question of whether a local government has an interest in taxing the...
Persistent link: https://www.econbiz.de/10010256300
The paper formulates a piecewise linearized version of the procedure developed by Sato (1983) and analyzes its properties. In so doing, Fujigaki’s (1981) private goods economy is extended to involve a public good; and the intertemporal game of Champsaur and Laroque is piecewise localized by...
Persistent link: https://www.econbiz.de/10009704899
The provision of public goods under asymmetric information has most often been viewed as a mechanism design problem under the aegis of an uninformed mediator. This paper focuses on institutional contexts without such mediator. Contributors privately informed on their willingness to pay...
Persistent link: https://www.econbiz.de/10011698562
In this paper, we propose a game in which each player decides with whom to establish a costly connection and how much local public good is provided when benefits are shared among neighbors. We show that, when agents are homogeneous, Nash equilibrium networks are nested split graphs....
Persistent link: https://www.econbiz.de/10012591497
The relative incomes and education-levels of Black and white populations in the United States and Brazil are considered after Abolition, and framed by earlier disparities in their natural rates of increase. For the post-World War Two period, the effects of demography, education, and regional...
Persistent link: https://www.econbiz.de/10014465593