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Costly third party punishment has been interpreted as a tool for studying the enforcement of social norms. Experiments on this topic typically involve a third party observer who can pay to decrease the payoff of a player who has behaved selfishly (or generously) toward another. We investigate...
Persistent link: https://www.econbiz.de/10013135695
We study contestability in non-profit markets when non-commercial providers supply a homogeneous collective good through increasing-returns-to-scale technologies. Unlike in the case of for-profit competition, in the non-profit case the absence of price-based sales contracts means that fixed...
Persistent link: https://www.econbiz.de/10013031990
Persistent link: https://www.econbiz.de/10009541490
providers cannot beat private providers in terms of aggregate efficiency. We finally design a transfer scheme that can make a …
Persistent link: https://www.econbiz.de/10009130257
The term multifunctionality is increasingly used, but is prone to different interpretations concerning its definition, its utility and its implications for policy at domestic and international level. The OECD undertook this analysis to clarify the concept of multifunctionality and to try to...
Persistent link: https://www.econbiz.de/10012447924
This paper shows that public provision of private goods may be justified on pure efficiency grounds in an environment … the provision of public goods. We show that public provision of the private good improves economic efficiency under a … is an example where there is efficiency loss from separating revenue and expenditure problems in public finance, and is …
Persistent link: https://www.econbiz.de/10012464820
Persistent link: https://www.econbiz.de/10012315021
, we employ an advanced non-parametric efficiency model to study the public sector (cost) efficiency implications of such … distortions. Using a unique dataset covering the Czech regions over the 2007-2014 period, we find that the efficiency of public … power ("party donors"). We link this efficiency difference to two underlying mechanisms: i.e. shifts in procurement contract …
Persistent link: https://www.econbiz.de/10011996245
Persistent link: https://www.econbiz.de/10010440201
goods and externalities - III. Efficiency analysis - IV. Fiscal competition and optimality. … processes for public and private goods - II. Environment, public goods and externalities - III. Efficiency analysis - IV. Fiscal …-type processes to determine feasible paths to efficiency and coalitional stability - CLIMNEG World Simulation model to explore …
Persistent link: https://www.econbiz.de/10013520614