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This paper utilizes benefit-cost duality to differentiate the problems associated with a pure public good from the problems associated with a commons. For the public good scenario, contributors’ benefits are public or available to all, while provision costs impact only the contributor. In a...
Persistent link: https://www.econbiz.de/10005064200
This paper investigates the evolutionary equilibria of a clash of cultures game where conflict results from failures to share social power in individual pairings. Members of a general subpopulation are matched with those of a fundamentalist subpopulation, the latter being more cohesive and...
Persistent link: https://www.econbiz.de/10005823390
This paper investigates leading by example as a policy prescription for international collective action to provide summation public goods. A country leads by example by committing to a minimal level of provision, and by matching higher contributions there beyond. In an evolutionary...
Persistent link: https://www.econbiz.de/10005305327
The foreign assistance policies of major donor nations, the United NationsDevelopment Programme, and the World Bank have recently been redefined to explicitly address the provision of international public goods (IPGs). Examples of IPGs include peacekeeping, financial market stability, and...
Persistent link: https://www.econbiz.de/10010552687