Showing 151 - 160 of 8,987
Many public goods can be provided at different spatial levels. Evidence from social identity theory and in-group favoritism raises the possibility that where higher-level provision is more efficient, subjects' narrow concern for local outcomes (parochialism) could harm efficiency. Building on...
Persistent link: https://www.econbiz.de/10012961855
This paper describes the structure, incentives, assessments, and results of a course in common-pool resource management (CPRM) that can be run in 8 weeks with 15-30 students. The course structure helps students learn about the complexity of CPRM by grouping students into "too large" groups where...
Persistent link: https://www.econbiz.de/10012964546
Claims blockchain is more than just ICT innovation, but facilitates new types of economic organization and governance. Suggests two approaches to economics of blockchain: innovation-centred and governance-centred. Argues that the governance approach — based in new institutional economics and...
Persistent link: https://www.econbiz.de/10012997206
One of the newer suggestions for the design of public economic units refers to Functional Overlapping Competing Jurisdictions (FOCJs), which are instruments to shape cooperation of jurisdictions, e.g. municipalities.The study clarifies important types of FOCJ. It concentrates on FOCJs where the...
Persistent link: https://www.econbiz.de/10012946375
In this chapter we study a team dynamic problem in which a group of agents collaborate over time to complete a project. The project progresses at a rate that depends on the agents' efforts, and it generates a payoff upon completion. First, we show that agents work harder the closer the project...
Persistent link: https://www.econbiz.de/10012999755
It is well established that the provision of a pure public good is increasing in group size if the good is normal. What I show is that if the good exhibits even a small degree of rivalry, then the individual level of consumption of the public good falls to 0 in a large group. Thus, a strong...
Persistent link: https://www.econbiz.de/10012729019
Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...
Persistent link: https://www.econbiz.de/10011597013
Extensive cooperation among unrelated individuals is unique to humans, who often sacrifice personal benefits for the common good and work together to achieve what they are unable to execute alone. The evolutionary success of our species is indeed due, to a large degree, to our unparalleled...
Persistent link: https://www.econbiz.de/10012933927
This paper examines foundings of human services organizations after natural disasters such as floods, earthquakes, wildfires, hurricanes, and tsunamis and explains why only some communities bounce back by founding appropriate collective-goods organizations. Using natural disasters in California...
Persistent link: https://www.econbiz.de/10012901945
This papers develops a theory of intergenerational exchange for generations that are either selfish or have non-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the relationship between them. A FIG is a transfer from...
Persistent link: https://www.econbiz.de/10014171655