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In this paper, we show that progressivity (regressivity) of burden sharing in a Lindahl equilibrium is a direct consequence of gross complementarity (substitutability) between the private and the public good when the public good is taken as the numéraire. We, moreover, link the respective...
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Dieses Standardlehrbuch analysiert Umweltprobleme und Umweltpolitik aus ökonomischer Sicht: Es bietet damit nicht nur eine verständliche Darstellung der Umweltökonomie von ihren mikroökonomischen Grundlagen bis zu den neuesten Forschungsansätzen, sondern auch eine Orientierung für die...
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It is explored in this paper how – depending on the agents' preferences – an unequal income distribution may lead to a higher public good supply in a non-cooperative Nash equilibrium than in a cooperative Lindahl equilibrium that arises from a balanced income distribution. The degree of...
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